Industry News - State of the Union

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The World Economic Forum ranks the United States' infrastructure quality as 25th in the world.

Not surprisingly, American Road & Transportation Builders Association (ARTBA) President and CEO Pete Ruane says that infrastructure improvement is paramount. "An overwhelming majority of Congress voted last year to support final passage of the highway and transit bill, MAP-21. The law's program consolidation, meaningful policy reforms and accountability provisions provide the foundation for building a much broader infrastructure investment package. However, MAP-21 only provides enough financial resources to maintain highway and transit investment at current levels for two years – a scenario that does nothing to reduce the increasing economic costs and personal toll from worsening traffic congestion," he says.

NSSGA President and CEO R. A. Edwards, III, adds that the only way the U.S. can move up from that ranking is if Congress has a new law in place by the time the current law, MAP-21, expires on Sept. 30, 2014.