US Edition
Funding crunch looms as the cost of fixing America's roads rises
- During 2021, $118 billion was dedicated to nationwide road and bridge enhancements through a major federal investment law.
- This funding addresses aging infrastructure but will expire in 2026 amid rising pressure for sustainable, long-term road financing solutions.
- More than 18% of U.S. roads, approximately 143,852 miles, remain in poor condition, causing frequent vehicle repairs and costing drivers financially.
- Over a three-year period, a third-party warranty provider paid out $1.7 million related to tire and wheel claims, while repair shops indicate that 84% of vehicle problems stem from poor road conditions.
- With the Highway Trust Fund expected to be insolvent by 2028, lawmakers advocate new user fees and updated funding mechanisms to sustain vital road infrastructure.
30 Articles
30 Articles
Surface Transportation News: Examining public-private partnerships, private sector infrastructure investment
In this issue: P3 surface transportation had a robust 2024 New report examines the year in transportation finance Muddled thinking on fixing the Highway Trust Fund New insights on the truck parking shortage The role of transit in a changing America News Notes Quotable Quotes P3 Surface Transportation Had a Robust 2024By Baruch Feigenbaum Reason Foundation recently released the Annual Surface Transportation Infrastructure Report, one of three re…
Is NHAI selling the family silver to keep building roads?
In today’s Finshots, we take a look at NHAI’s new asset monetisation strategy and whether it can really fuel India’s highway ambitions.Prefer listening instead? Whether you're jogging, commuting, or just too lazy to read, tune in to listen to this story and more on Spotify or Apple podcasts.The StoryIf you drive on a national highway in the coming months, there’s a good chance the toll you pay won’t go to the government. It might go to a Canadia…
Paying the price for better infrastructure
The country's roads, bridges and airports are in dire need of work - but where will the money come from? Correspondent Kris Van Cleave examines how city, state and federal governments are debating how to pay for improvements in our transportation infrastructure, from raising gasoline taxes to…
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- 96% of the sources are Center
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