Associated Equipment Distributors President and Chief Executive Officer Toby Mack released the following statement in response to the Texas Transportation Institute’s (TTI) 2011 Urban Mobility Report detailing the negative economic impact of traffic congestion.
"The Urban Mobility Report once again shows how our crumbling transportation network is undermining the U.S. economy. It is not simply a matter of inconvenience. Traffic congestion costs us more than $100 billion per year, wastes billions of gallons of gasoline, and saddles businesses with inefficient delivery networks that drive up the costs of goods and services.
"TTI’s findings underscore the need for increased investment in our nation’s transportation assets. Unfortunately, Congress and the president have failed to focus on a new, multi-year highway bill and some on Capitol Hill are even calling for massive program cuts. We hope this new report serves as a wake-up call about the need to make a new surface transportation reauthorization the top priority."