• Washington State Bridge Collapse Illustrates Perils of Failing Infrastructure.

    Posted by scapozzola on 05/24/2013

    An interstate bridge in Washington collapsed yesterday, sending two cars into the Skagit River.

    The bridge, which was built in 1955, is listed as being "functionally obsolete."  According to the Associated Press, the I-5 bridge has a sufficiency rating of 57.4 out of 100, well below the statewide average rating of 80.

    The bridge's collapse -- triggered when an oversize semi struck an overhead span -- is yet another reminder that much of the nation's infrastructure is in need of repair.

    Such concerns about aging infrastructure and vulnerability come as President Obama has proposed a plan to “Make America a Magnet for Jobs” by investing in roads, bridges, and rail.  A key element of his proposal would be to repair many of America’s 70,000 “failing” bridges.

    The Alliance for American Manufacturing (AAM) supports such investment and is urging the Administration to work with Congressional leaders on adopting a large-scale, long-term infrastructure program of at least $500 billion over six years.  Additionally, any such investment should be “made in America,” and AAM stands ready to work with Congress to ensure that ‘Buy America’ laws are strengthened and vigorously enforced in any such effort.
    Read more about Buy America preferences for public investment in infrastructure repairs.

     

Posted by scapozzola 05/23/2013

Reps. Daniel Lipinski (D-IL) and Michael Grimm (R-NY) have formed a Congressional Public Transportation Caucus that will focus on buses, bus rapid transit, and both light and heavy rail.

The caucus hopes to address the challenges and needs of mass transit agencies across the country. 

Posted by scapozzola 05/23/2013

Congrats to Governor Tom Ridge, whose portrait was unveiled today at the U.S. Department of Homeland Security (DHS).  Ridge was being honored for his service as America's first Secretary of Homeland Security.

Posted by scapozzola 05/23/2013

China Construction America (CCA) is a wholly owned subsidiary of China Construction Engineering.  As CNBC reports, CCA's parent company is publicly traded on the Shanghai stock exchange.  But the majority of the shares are still owned by the Chinese government—"a holdover from the days when the government controlled every company."

Does this give CCA a competitive advantage?

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