National transport firms car shipping to destination on time and budget for a living will be interested in the latest news concerning the current highway program. Sources in the transport industry of the United States of America indicate that Congress has just passed another extension of the current highway program until the end of the fiscal year, which is September 30, according to vehicle transport industry experts and White House sources. This is also the seventh short-term extension of the current highway program, according to the same sources, since the current highway program expired in September 2009.
The Senate has apparently okayed this idea and sent the documents onto President Obama, who is expected to put his signature on the documents at some point during the days ahead. The lack of commitment by the current administration to a multi-year plan for improving the transport roads and highways of the United States of America during recent times has created some uncertainty in sectors of the transport industry and car haulers, of late. This could be slowing down investment by transport firms, according to some sources, and could contribute to a slowdown in transport activities in some states during the weeks and months ahead.
Sources in the White House have also indicated recently that the administration has proposed a bold six-year reauthorization plan that envisions increasing investment in the transport infrastructure of the country and the creation of a $30 billion National Infrastructure Bank. An interesting idea that certainly shows promise, but we certainly have a few things to work out financially, before this idea could become reality. We`ll watch and see how this drama unfolds during the miles ahead and the route the administration finally decides to take in the desire for a new highway program.