Transportation Market Is Strong, But Funding Shortfalls Remain

Powers, E. Michael
September 2007
ENR: Engineering News-Record;9/24/2007, Vol. 259 Issue 11, p45
Trade Publication
The discusses issues related to the lack of federal funding for the U.S. transportation industry. The Chamber of Commerce reported that the funding shortfall will reach $1 trillion by 2015. The collapsing of a bridge in Minnesota on August 1, 2007 drew the conclusion that bridges and other local infrastructure were failing because of inadequate funding for projects. Some industry sources say that an increase in privatization and tolling could spur more opportunities for design-build.


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