Tag Archive for 'transit'

ARTBA’s 2020 Transportation Construction Market Forecast Coming December 4

60-Minute Webinar for Transportation Construction Professionals, Public Officials & Analysts

American Road & Transportation Builders Association (ARTBA) Chief Economist Dr. Alison Premo Black will detail the association’s five-year transportation construction market outlook in her annual forecast, 3 p.m. Eastern, Dec. 4.

Topics to be covered as part of the webinar include:

  • National market forecast and which states are driving the activity;
  • Highway, bridge, airport runway, transit, freight, rail, and ports/waterway forecasts; and
  • The impacts of hundreds of recently approved state and local transportation funding initiatives.

ARTBA Senior Vice President of Congressional Relations Dean Franks will also provide an update on efforts to permanently fix the Highway Trust Fund, pass a long-term infrastructure plan and the reauthorization of the FAST Act.

The webinar is for transportation design and construction professionals, public agency officials, analysts and investors.

The registration fee is $350 for the private sector and $175 for public agency officials.  Paid participants will receive a copy of the complete U.S. Transportation Construction Market Forecast report (a $200 value); a PowerPoint presentation and “Q & A” session; and access to an online, interactive summary of the forecast results.

Register here.

Established in 1902, ARTBA represents the U.S. transportation construction industry before Congress, the White House, federal agencies, courts, news media and the general public. 

ASCE’s Comments Regarding House Passage of Six-Year Highway & Transit Bill

On November 5, 2014, newly-minted House Speaker Paul Ryan (R-WI) shepherded through his first piece of major legislation with bipartisan passage of a six-year, $325 billion surface transportation reauthorization bill.  The Surface Transportation Reauthorization & Reform (STRR) Act of 2015 cleared the House by a vote of 363-64.  A last-minute amendment was added to STRR that secured an additional $40 billion in revenue from an unused Federal Reserve account.  This means that while the House bill is now funded for a full six-years, it does not increase highway and transit funding levels over the current amount.

ASCE endorsed multiple amendments that were offered to raise the gas tax. However none of those amendments were allowed to receive a full vote on the House floor.

Following the bill’s passage, ASCE President Mark W. Woodson, P.E., F.ASCE, released a statement saying, “While the House-passed bill provides six years of stability for the nation’s road, bridge, and transit programs, it fails to increase funding to levels that are adequate to properly maintain our infrastructure.” Woodson went on to state that, “ASCE is disappointed that House leadership prevented a vote on raising the federal gas tax – a policy solution that would have provided long-term funding and certainty that states desperately need to move forward with their transportation projects.“

ASCE also weighed-in against a resolution introduced by Rep. Ron DeSantis (R-FL) in support of devolving the federal transportation program to the states. The amendment was defeated 118-310. See how your Representative voted!

Some highlights of the House bill include:

  • Multi-year program certainty that will help states and localities better plan and deliver projects;
  • Accelerated project delivery reforms aimed to improve collaboration between agencies and create deadlines for agency action(s);
  • Providing grants to states for continued and expanded pilot testing of future road user fee collection systems;
  • A new competitive grant to address bus and bus facility needs;
  • Increased focus on funding for roadway safety infrastructure and on the safety needs of rural roads; and,
  • An option for localities to bundle small projects such as bridges to increase efficiency.

The House vote follows previous Senate action in July on their surface transportation bill which provided only three years of funding although at much higher levels.  Now the House and Senate will work to negotiate a compromise before the looming November 20 deadline.  ASCE will be reviewing the House and Senate bills to determine which provisions we favor to be included in any final agreement.  On funding, ASCE urges a final bill be multi-year with sizable funding increases for highway and transit programs.  In the coming weeks, ASCE will continue to engage with our members in our advocacy effort to #FixTheTrustFund. Thank you for all you have done to support the Society’s advocacy efforts!

New Report Identifies Georgia’s 50 Worst Transportation Choke-points And Strategies For Improvement

A new TRIP report that identifies the 50 worst chokepoints on Georgia’s roads, bridges and transit systems will be released at a news conference in Atlanta at 10:00 a.m. on Monday, April 19, 2010.

The report being released is titled “Georgia’s Transportation Chokepoints: The Top 50 Chokepoints and Remedies for Relief”. It pinpoints the 50 segments of Georgia’s road, highway and transit systems that impede routine travel, commuting or commerce or place limits on economic development because of deficient design or inadequate capacity. These chokepoints are located throughout the state, with many of them in the Atlanta area, including numerous portions of I-75, I-85, I-285 and segments of the MARTA system. TRIP is a national nonprofit transportation research group based in Washington, DC.

TRIP’s Frank Moretti will present the findings of the report at the news conference. Local officials will also be on hand to comment on the report.

TIME:              10:00 a.m.

DATE:            Monday, April 19, 2010

PLACE:            Georgia State Capitol

South Wing

Atlanta, Georgia

WHO:                        LOCAL SPOKESPERSON

Mike Kenn, President

Georgians for Better Transportation

Frank R. Moretti, Director of Research and Policy

TRIP

CONTACT:    Frank Moretti                202.262.0714 (cell)

Carolyn Bonifas (TRIP)                        202.466.6706

ARTBA Annual Forecast: Highway Construction Expected to Grow 8% in 2010

Driven by record federal investment in surface transportation, increased spending through the American Recovery & ARTBAReinvestment Act (ARRA) and continued easing in material prices, the highway construction market is expected to grow eight percent in 2010, according to the American Road & Transportation Builders Association’s (ARTBA) annual economic forecast.

ARTBA Vice President of Policy & Economist Alison Premo Black says the value of highway, street and bridge construction (from all sources) put in place should reach $90.5 billion in 2010, up from about $83.9 billion this year.

Black cautions, however, that the boost to the market could be temporary. Uncertainty over the reauthorization of the multi‐year federal surface transportation bill and future growth of the overall U.S. economy, along with the end of stimulus funds, will determine if there is a “soft landing” in 2011 or a more significant downturn, Black says.

The association’s 2010 forecast takes into account current economic conditions, federal investment and state and local funding. The $41.2 billion in 2009 federal highway obligations, as well as the additional $26.7 billion available through the ARRA, will provide the foundations for growth in 2010. Although there are general concerns regarding state and local spending, states are expected to continue to provide matching funds for the traditional federal aid program investment and spend their ARRA funding.

“Despite the current economic environment and budget challenges, 38 states have increased the real value of their contract awards between January and October 2009 compared to the same time period in 2008,” Black noted. “The real value of contract awards for highways and bridges is nearly $50 billion so far, an increase of $5 billion and an important leading indicator for the 2010 construction season.

Another indicator of work to come, she says, is the high level of obligations for ARRA funding—over 77 percent of stimulus funds have been obligated, but only $4 billion, or 16 percent of the total funding available has been paid to contractors. “When you add it all up, there is a lot of work to be completed in the coming year,” Black says.

Although the forecast for 2010 is market growth, ARTBA cautioned it does not mean that highway and bridge contractors and suppliers will avoid struggling in the current economic environment or that the growth will be even across states. There will still be issues with access to credit, fierce competition and the general economy. Contractors and state transportation departments are also expected to be cautious in hiring and spending decisions while waiting for Congress to pass a new federal surface transportation bill.

The longer term real market outlook will depend on the U.S. economy and the federal‐aid program.

“The best scenario would be a strong reauthorization of the federal highway and transit program and real economic growth that can help spur state and local investment,” Black says. “Under this ideal situation, we could see real market growth approaching $118 billion in 2015.”

The ARTBA forecast also addressed other transportation modes.

•  Airport Runways: The ARRA will help push up the value of airport runway work to $5.2 billion in 2010, a 3.4 percent over 2009. With the reauthorization of the federal aviation programs remaining stalled, Black predicts the airport construction market will decline in 2011 and beyond without increased federal investment in the Airport Improvement Program.

•  Railroads & Transit: Increased investment in new starts over the last few years is beginning to pay off for the subway, light rail and railroad construction market. The value of construction work should hit $13 billion in 2010, a 3.1 percent increase over 2009 levels.