According to Logistics Management, the nation’s top business lobbyist says it is time to boost public investment in highway, bridge, rail and air projects now to help catapult the country out of the worst recession in 70 years.

U.S. Chamber of Commerce President Thomas J. Donohue said intelligent and greater investment in infrastructure projects could literally pave the way for a sustained economic rebound as the country seeks efficiencies from its transportation network to compete in the global economy.

“To meet our infrastructure needs, we need to boost public investments while working to ensure that the money is spent wisely in areas of genuine need,” Donohue said. “Reauthorization of the nation’s core highway bill is essential.”

Renewal of the federal-aid highway reauthorization bill has been stalled in Congress since the previous five-year, $286 billion bill expired Sept. 30. Instead of passing a bill that would double that spending, Congress has instead punted and passed a stop-gap bill at the old law’s spending levels, which transportation experts have said is too low to meet current infrastructure spending needs.

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