Report: Ky. a national freight leader, but underfunded transportation could hinder economic growth

Chad LaRueBlog, News

FRANKFORT, Ky. — Kentucky freight shipments are currently among the nation’s highest and are expected to increase by nearly two-thirds in the coming years. However, without adequate infrastructure funding for needed transportation improvements, Kentucky’s continued economic growth could be at risk. Kentucky’s freight system currently moves more than $578 billion worth of freight each year, the 14th highest rate in the nation. By 2045, freight moved annually in Kentucky by trucks alone is expected to increase 65% by value (inflation-adjusted dollars), according to a report by TRIP, a national transportation research nonprofit. TRIP’s report, which examines projected and current freight movement across America, credited the increased demand in freight transportation to economic growth, changing business and retail models, an increased reliance of … Read More

Kentucky freight shipments among highest in U.S., Truck travel on Kentucky rural interstates among heaviest in nation. Inadequate investment, advances in vehicle autonomy, manufacturing, warehousing and E-Commerce place unprecedented demands on U.S. freight system

Chad LaRueNews

Eds: This report’s appendixcontains data for all 50 states for the following categories: value of freight shipped to and from the state, projected increase in freight shipment by 2045, fatalities in large truck involved crashes, fatalities among large truck occupants and non-occupants, and combination truck share of vehicle miles of travel. Click herefor infographics.  Washington, D.C. – The ability of the nation’s freight transportation system to efficiently and safely accommodate the growing demand for freight movement could be hampered by inadequate transportation capacity, institutional barriers to enhancing the nation’s freight facilities, a lack of adequate funding for needed improvements to the freight network, and a shortage of drivers, according to a new report released today by TRIP, a national transportation … Read More