This Highways and Transit Subcommittee roundtable policy discussion will focus on the impact on freight of the Fixing America’s Surface Transportation (FAST) Act.
The movement of freight and related industries are significant contributors to the U.S. economy. Trucks carry about 70 percent of all freight tonnage, and truck tonnage is projected to increase 35 percent by 2040. By that year, the Federal Highway Administration estimates that on nearly 20 percent of the National Highway System (NHS), every fourth vehicle will be a truck. Absent an increase in capacity, increases in truck and motor vehicle traffic will result in greater congestion on America’s roads. The FAST Act contained a number of provisions aimed at promoting the efficient movement of freight across all modes of transportation. This roundtable will provide Committee members an opportunity to hear from a variety of stakeholders on the impact of the freight provisions of the FAST Act and trends in freight distribution that will affect freight flows and transportation infrastructure needs.
The roundtable is open to the public and news media (although video recording is not permitted).