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NASCO Webinar Leslie Blakey, President Coalition for America’s Gateways and Trade Corridors.

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Presentation on theme: "NASCO Webinar Leslie Blakey, President Coalition for America’s Gateways and Trade Corridors."— Presentation transcript:

1 NASCO Webinar Leslie Blakey, President Coalition for America’s Gateways and Trade Corridors

2 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

3 Freight Fact Sheets

4 Follow that Freight Brochure Series

5 Digital & hard copies available

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7 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.

8 Freight Can’t Wait

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11 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.

12 The NAFTANEXT Summit NAFTANEXT: 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

13 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

14 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

15 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

16 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

17 Freight Proposals House T&I Committee’s Six-Month Special Panel on 21 st 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.

18 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%

19 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

20 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.

21 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

22 1120 20 th Street NW Suite 500 N Washington, DC 20036 (202) 828-9100 lblakey@blakey-agnew.com


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