nasco webinar leslie blakey, president coalition for america’s gateways and trade corridors
TRANSCRIPT
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NASCO WebinarLeslie Blakey, President
Coalition for America’s Gateways and Trade Corridors
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What is CAGTC?• Coalition for America’s Gateways and Trade
Corridors: Founded in 2001 as a national advocacy organization for freight infrastructure
• Mission: Raise public recognition and Congressional awareness of the nation’s freight needs and to promote sufficient funding in federal legislation for our multimodal goods movement system
• Composition: 60+ member organizations that are geographically and politically diverse from the public & private sectors
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Freight Fact Sheets
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Follow that Freight Brochure Series
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Digital & hard copies available
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CAGTC Principles
• Make national freight transportation policy multimodal and designate a national, multimodal freight network;
• Authorize dedicated, sustainable funding for multimodal freight PNRS or a similar competitive freight infrastructure grant program;
• Ensure robust public investment in all modes;• Promote and expedite the development and delivery of
projects that improve and facilitate the efficient movement of goods; and
• Commit to exploring sustainable sources of revenue across all modes – a minimum annual investment of $2 billion in additional funding is needed.
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Freight Can’t Wait
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Freight Can’t Wait
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Freight Can’t Wait
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At the request of Congressional staff, CAGTC developed a paper to highlight the infrastructure needs of U.S. road border crossings in view of increasing trade volumes with our neighbors to the north and south.
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The NAFTANEXT SummitNAFTANEXT: Energizing Sustainable Trade Corridors Across North America
Where: Chicago, IL
When: April 22 – 25, 2014
What: Tri-national forum for public and private sectors to develop a long-term
vision for freight transportation, encompassing mobility, energy, and the environment.
www.NAFTANEXT.com
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Coming Soon…
• Expand Follow that Freight brochure series
• Expand Freight Can’t Wait booklet• Develop infographic on the effects of
congestion on private businesses and commerce
• Organize next NAFTANEXT
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Freight Dynamics• Rebounding economy & consumer
demand• Introduction of megaships & changes in
ocean service• Reshoring & nearshoring• Low-cost energy & byproducts• Energy movement impacts on rail capacity• Panama Canal• Manpower shortage & regulatory issues
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• Two-year bill, funded at $52/ yr• Developed first-ever National Freight
Policy and other freight provisions• Expired 9/30/14, extended through
7/31/15
Present Landscape
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Freight Proposals• Administration’s GROW AMERICA Act
– Six year bill, valued at $478 billion. $18 billion for freight over six years, divided evenly between a formula and a discretionary program.
– Dedicated funding source: Short-term repatriation tax & long-term corporate tax restructuring
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Freight ProposalsHouse T&I Committee’s Six-Month Special Panel on 21st Century Freight Transportation
– Establish a multimodal freight policy
and network;– Robust investment in all modes;– Authorize funding for multimodal
freight PNRS; and– Call on Administration to identify and
recommend sustainable multimodal revenue.
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Freight Proposals
Rep. Alan Lowenthal (D-CA)Economy in Motion: The National Multimodal
and Sustainable Freight Infrastructure Act
• Forms Freight Trust Fund• Establishes 1% waybill fee on goods movement
costs - estimated to raise about $8 billion/ yr• Develops Freight Formula – 50% • Creates Competitive Grant Program – 50%
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Freight Proposals
Rep. Janice Hahn (D-CA)The National Freight Network
Trust Fund Act of 2015
• Forms Freight Trust Fund• Directs 5% of currently-
collected import duties – estimated to deposit about $1.9 billion/yr
• Creates Competitive Grant Program tied to the Primary Freight Network
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Administration Initiatives• DOC Advisory Committee on Supply Chain
Competitiveness– Recommendations call for increased funding
distributed through a freight-specific competitive grant program; requested minimum investment of $2 billion/yr.
• DOT National Freight Advisory Committee– Recommendations call for increased funding
distributed through a freight-specific competitive grant program. Minimum annual investment not designated.
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Speculation
• Money: HTF will run dry in August. Funding possibilities: gas tax increase, General Fund transfer, tax reform, various repatriation methods.
• Pressure: 2016 elections, rotating leadership, stakeholders.
• What’s Next? – EPW – scheduled markup for June 24– T&I – waiting for guaranteed funding– Commerce – writing strong freight title– Ways & Means – planning revenue hearing
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1120 20th Street NW
Suite 500 N
Washington, DC 20036
(202) 828-9100