Total freight demand is expected to grow thirty five percent by 2040.
Facts & Quotes
The federal gas tax of 18.4 cents per gallon has not been increased since 1993 and has lost 65 percent of its purchasing power.
There are over 85 million smart meters deployed across America. Smart meters help to improve reliability and resiliency to electric consumers.
The cummulative investment gap for electricity - including for transmission and distribution - is estimated to be $177 billion between 2016 and 2025.
As a result of aging infrastructure, severe weather events, and attacks and vandalism, in 2015 Americans experienced a reported 3,571 outages, with an average duration of 49 minutes.
Much of the U.S. energy system predates the turn of the 20th century. Most electric transmission and distribution lines were constructed in the1950s and 1960s with a life expectancy of 50 years and the more than 640,000 miles of high-voltage transmission lines in the lower 48 states' power grids are at full capacity.
Drinking water across America is delivered via one million miles of pipes.
Consumers increasingly expect same-day deliveries which could become more difficult to achieve with rising traffic volumes. The Federal Highway Administration reports that 947,000 hours of vehicle delay can be attributed to delivery trucks double-parked in dense urban areas.
From 2000 to 2015, road infrastructure increased 5.2 percent while traffic volume increased by 14 percent.
U.S. public spending on infrastructure fell by 8 percent between 2003 and 2017.
In the 1930's, 4.2 percent of America's gross national product was spent on infrastructure investment. But by 2016 the number fell to 1.5 percent.