Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How will the Safe and Efficient Transportation Act of 2009 (H.R. 1799) affect the economy?

0
Posted

How will the Safe and Efficient Transportation Act of 2009 (H.R. 1799) affect the economy?

0

Raising weight limits will help the American economy domestically and will help U.S. businesses improve their competitive edge. The Safe and Efficient Transportation Act of 2009 (H.R. 1799) will allow American producers to consolidate goods and reduce the number of weekly shipments needed to move a specific amount of freight. This transition to a more efficient transportation network would lower consumer costs. Raising the weight limits for six-axle vehicles would also spur investment in upgraded equipment and create jobs. Under H.R. 1799, CTP member International Paper would save about $70 million per year in truck transportation costs alone.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123