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New legislation focuses on ten-year, $100 billion dedicated freight funding plan

May 15, 2019 by maitreyi.karthik@climate-connect.com

(Source: Logistics Management) As for how the bill works, Lowenthal explains it establishes a freight trust fund by placing a 1% fee on domestic surface goods movement, which raises more than $10 billion each year and will grow over time. It will be split between a formula program and competitive freight grants, with states receiving millions to address freight needs. Read full article….

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