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Transportation CEO Letter FINAL

Transportation CEO Letter FINAL

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Categories:Business/Law
Published by: National Association of Manufacturers (NAM) on Sep 26, 2011
Copyright:Attribution Non-commercial

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09/26/2011

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September 21, 2011The Honorable Harry Reid The Honorable Mitch McConnellMajority Leader Republican LeaderU.S. Senate U.S. SenateWashington, D.C. 20510 Washington, D.C. 20510The Honorable John Boehner The Honorable Nancy PelosiSpeaker Democratic LeaderU.S. House of Representatives U.S. House of RepresentativesWashington, D.C. 20515 Washington, D.C. 20515Dear Bicameral Congressional Leadership:As Congress and the Obama Administration continue to take steps to improve our long-termeconomic growth, we believe a key component of these efforts should be a renewed commitment toimproving and modernizing the nation’s surface transportation network.Our companies and employees are major users of the U.S. highway, bridge, rail, air, and publictransportation systems. We depend on the ability to move products and materials quickly andefficiently as part of our everyday operations. An efficient and reliable transportation network isintegral to the success of our supply chain and our domestic/international product distributionsystems.We operate and compete in a global economy. Enhancing the capacity of all modes of surfacetransportation infrastructure is essential to keep pace with our global competitors who are makingmajor new investments in their own transportation systems.There is certainly no singular solution to remedy the nation’s economic challenges, and weunderstand the need to rein in and prioritize spending. However, passage of a well funded, multi-year reauthorization of the federal highway and public transportation programs would provide someneeded stability in an uncertain business environment, and should be a key element of a pro-growthagenda.Our economy has long been the envy of the world. But our transportation infrastructure has becomeinadequate to meet the needs of the 21
st
century economy. We must prioritize and invest in ouraging infrastructure now if we are to maintain our economic competitiveness and leadership in theglobal economy.Sincerely,
Steven F. LeerArch CoalChairman & CEOPatricia A. WoertzArcher Daniels MidlandChairman, President & CEOMatthew K. RoseBNSF Railway Co.Chairman & CEODouglas R. OberhelmanCaterpillar Inc.Chairman & CEODouglas W. StotlerCon-wayPresident & CEO
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