Aging Infrastructure Not Good For Business

(Kate Hinds, Transportation Nation) The U.S. Chamber of Commerce released its first "Transportation Performance Indexes" today, which look at how the country's infrastructure is "serving the needs of the U.S. economy and business community."

The report looks at both the overall picture and on a state-by-state basis, and draws the conclusion that the transportation system is not keeping up with the demands placed upon it.

"The bottom line is this: our nation's deteriorating infrastructure is placing a major drag on our economic growth," said Thomas Donohue, the Chamber's president and CEO. The indexes' web page quotes one statistic that says it will take $148 billion just to keep freight rail operational in the year 2035--which is a bit more than President Obama's $50 billion infrastructure plan.  -- Kate Hinds, Transportation Nation