US Infrastructure Grants Fail to Meet Freight Transport Demands
Concerns are rising over the inadequacy of U.S. Department of Transportation's TIGER and FASTLANE grants in addressing freight demands. Analysis reveals a significant funding gap for freight projects and the neglect of crucial freight hubs. Recommendations include elevating the strategic importance of freight projects, optimizing evaluation criteria, innovating financing models, strengthening interdepartmental coordination, and promoting technological innovation. These measures are crucial to overcome the freight funding bottleneck and foster economic development by ensuring sufficient investment in critical freight infrastructure.
