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Transportation Infrastructure Finance And Innovation Act
The Transportation Infrastructure Finance and Innovation Act (TIFIA) is a U.S. federal government program run through the United States Department of Transportation to provides credit assistance for qualified regional and national surface transportation projects in the United States. Projects include highways, city passenger railways, some freight rail, intermodal freight transfer facilities, and some port terminal projects. The program was reauthorized in the FAST Act, a bill passed by Congress. Cost Federal authorizations per year are: History TIFIA was passed by Congress in 1998 with the goal of leveraging federal dollars and attract private and non-federal capital into transportation infrastructure. How it works TIFIA is run by the U.S. Department of Transportation’s (DOT) Office of Innovative Program Delivery. The program provides "loans, loan guarantees, and lines of credit to qualified public or private borrowers, including state governments, private firms, spec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Department Of Transportation
The United States Department of Transportation (USDOT or DOT) is one of the executive departments of the U.S. federal government. It is headed by the secretary of transportation, who reports directly to the President of the United States and is a member of the president's Cabinet. The department's mission is "to develop and coordinate policies that will provide an efficient and economical national transportation system, with due regard for need, the environment, and the national defense." History Prior to the creation of the Department of Transportation, its functions were administered by the under secretary of commerce for transportation. In 1965, Najeeb Halaby, administrator of the Federal Aviation Agency (predecessor to the Federal Aviation Administration, FAA), suggested to President Lyndon B. Johnson that transportation be elevated to a cabinet-level post, and that the FAA be folded into the DOT. It was established by Congress in the Department of Transportation Act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loan
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed. The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent. Ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Road Transport
Road transport or road transportation is a type of transport using roads. Transport on roads can be roughly grouped into the transportation of goods and transportation of people. In many countries licensing requirements and safety regulations ensure a separation of the two industries. Movement along roads may be by bike, automobile, bus, truck, or by animal such as horse or oxen. Standard networks of roads were adopted by Romans, Persians, Aztec, and other early empires, and may be regarded as a feature of empires. Cargo may be transported by trucking companies, while passengers may be transported via mass transit. Commonly defined features of modern roads include defined lanes and signage. Various classes of road exist, from two-lane local roads with at-grade intersections to controlled-access highways with all cross traffic grade-separated. The nature of road transportation of goods depends on, apart from the degree of development of the local infrastructure, the distance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Port
A port is a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers. Although usually situated on a sea coast or estuary, ports can also be found far inland, such as Hamburg, Manchester and Duluth; these access the sea via rivers or canals. Because of their roles as ports of entry for immigrants as well as soldiers in wartime, many port cities have experienced dramatic multi-ethnic and multicultural changes throughout their histories. Ports are extremely important to the global economy; 70% of global merchandise trade by value passes through a port. For this reason, ports are also often densely populated settlements that provide the labor for processing and handling goods and related services for the ports. Today by far the greatest growth in port development is in Asia, the continent with some of the world's largest and busiest ports, such as Singapore and the Chinese ports of Shanghai and Ningbo-Zhou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North America's Building Trades Unions
North America's Building Trades Unions (NABTU) is a labor federation of 14 North American unions in the building trade, founded by the American Federation of Labor in 1907. History North America's Building Trades Unions was founded by the American Federation of Labor (AFL) at its November 1907 Convention in Norfolk, Virginia as a ''Department of Building Trades''.Constitution of NABTU August 2015, 46 pages In 1937, its name was changed to ''Building and Construction Trade Department of the American Federation of Labor--Congress of Industrial Organizations''. Affiliates North America's Building Trades Unions is a labor federation of 14 North American unions in the building trade. affiliates are the |
