Global Trade By Dr. Georges Aoude
January 12, 2022
As U.S. President Joe Biden recently signed the Infrastructure Investment and Jobs Act into law, many outdated state and local roads, bridges and transit systems will be improved, not only to keep up with consumer demand but also to provide increased safety in reducing crashes and fatalities.
This Bipartisan Infrastructure Deal will (1) boost transit funding for communities all over the country by an average of 30% and will also help transit agencies reduce the current maintenance backlog by 15% and replace more than 500 aging subway, light rail, and commuter rail cars. It also aims to reduce traffic crashes impacting pedestrians and cyclists through a “Safe Streets and Roads for All” program.
View the full article: GlobalTradeMag.com
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