NASSTRAC Congratulates Anthony Foxx On Confirmation As DOT Secretary
MINNEAPOLIS, June 27, 2013 /PRNewswire/ -- The National Shippers Strategic Transportation Council (NASSTRAC) congratulates Anthony Foxx after the U.S. Senate voted unanimously this morning to confirm him as the incoming U.S. Secretary of Transportation. He will replace the retiring Ray LaHood in this position. NASSTRAC provides education, advocacy, connections and solutions to transportation and supply chain professionals involved in all modes of transportation.
"As an industry association focused on shipper advocacy issues, NASSTRAC looks forward to working with Foxx and the DOT on supporting common-sense initiatives that improve our nation's infrastructure, and reforms that enhance the safety and productivity of the transportation industry," said Mike Regan, chairman of NASSTRAC's advocacy committee. Regan noted that one of Foxx's long-term accomplishments as mayor of Charlotte was to support the development of the Charlotte Airport. Hopefully his enthusiasm for infrastructure investment will carry through to the federal level. "NASSTRAC welcomes the opportunity to support Secretary Foxx as he moves into his new role," continued Regan. "As an industry association, we share his stated goal of having the world's safest, most efficient transportation network."
"Clearly, shippers are concerned about the challenges involving freight transportation that Foxx will inherit, including highway funding," said Brian Everett, NASSTRAC's executive director. "Finding funds for the next highway bill will be one of his biggest challenges and from what we're hearing on the Hill, Foxx isn't likely to have the same investment appetite that LaHood had in striving for a transportation bill in excess of $500 billion." Everett also mentioned that as one of the nation's top safety chiefs, Foxx will have to weigh in on issues expected to emerge during the drafting of the next transportation bill. Those include efforts to alter the size and weight of large trucks on the nation's federally-funded highways, and human fatigue issues across all modes of transportation.
NASSTRAC provides education, advocacy, and connections and solutions for professionals involved in all modes of transportation, ranging from full truckload and LTL to containerization and global logistics. For more information, visit www.NASSTRAC.org.Contact: Brian Everett, ABC, Executive Director, NASSTRAC 952-442-8850, x201, media@NASSTRAC.org SOURCE NASSTRAC
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts