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Stimulus Plan And Motor Carriers : A 5 page paper that introduces the intentions of the transportation stimulus plan and what, if any, progress has been made in the motor carrier business. The paper also discusses intermodal transportation policies. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: ME12_PG699084.doc
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Unformatted sample text from the term paper:
plan was supposed to repair roads and bridges that are in serious disrepair. It has not done all of what it promised. That does not mean that progress has not
been made but it is taking a long time. Obamas transportation plan called for rebuilding 150,000 miles of road, laying and maintaining 4,000 miles of rail track, restoring 150 mils
of runways and adopting next-generation air traffic control systems (Stolberg & Walsh, 2010). The President recognized the dismal state of these infrastructure components. He also wanted to establish an "infrastructure
bank" that would combine federal tax money with private investments but that would be monitored and operated by the government (Stolberg & Walsh, 2010). There was little support for this
last part. Having the government run anything is just dangerous. If the plan were working as promised we would be seeing more trucks on the road. Instead, many of the
large trucking companies began selling off their trucks in 2008 when the recession hit its worse. They either tried to sell the trucks or they put them aside and took
them off the road. A good sign is that motor carrier companies began buying trucks in 2010. Heavy duty truck sales increased by 29.5 percent in April 2010 as
compared to April 2009. The increase for the first four months of 2010 was 13.9 percent over the previous year. The exact increase differed by brand. For instance, Freightliner, which
is the flagship brand for DTNA increased sales by 78.1 percent (Reiskin, 2010). This is a good sign for economic recovery and could suggest that employment is rising for truck
drivers. In fact, Watson (2010) said that there is a forecast for a 69 percent increase in revenue growth for carriers. The challenges are many for the motor carriers industry.
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