The American Society of Civil Engineers (ASCE) released a status report on the pandemic’s effects on the nation's bridges, dams, inland waterways, ports, and roads.
ASCE projects a 30% revenue decline in the next 18 months for State Departments of Transportation (DOTs) because of declining gas tax revenue.
To maintain bridges, roads, and transit systems as safe and reliable and aid the nation’s long-term economic recovery, ASCE recommends Congress provide $50 billion in immediate, short-term relief for State DOTs.
ASCE’s recommendations to Congress include quickly enacting various other long-term infrastructure-enhancing measures as well.
The 2021 ASCE Infrastructure Report Card will be released in February 2021.
This article comes from USDA’s Aug. 6, 2020 Grain Transportation Report.