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Table 1: CARES Act Appropriations and Apportionments for Grant Programs According to ACT Research’s Transportation Digest, the 2020 heavy-duty truck market will close on a robust note, setting the stage for 2021. The FAST Act authorizes $305 billion for fiscal years 2016 through 2020 for the U.S. Department of Highway Research, Technology Deployment, and EducationOn December 4, 2015, President Obama signed into law the Fixing America's Surface Transportation Act, or FAST Act—the first Federal law in more than 10 years to provide long-term funding certainty for surface transportation. The research program features a new Low- and No-Emission Vehicle component testing program funded at $3 million a year. Research The FAST Act renamed FTA’s research program the Public Transportation Innovation Program and authorized it to fund demonstration, deployment and evaluation research projects. For more information about ACT’s State of the Industry: U.S. Trailers Report, CLICK HERE to access a sample report. From data to performances Based on the power of artificial intelligence, predictive analytics, simulations, and mathematical optimization techniques ACT Operations Research offers robust and innovative solutions to cut costs, improve productivity and service levels, predict trends and behaviors, improve safety, support the care of patients, reduce risks and manage crises. According to ACT Research’s recently released Transportation Digest, the 2020 heavy-duty truck market will close on a robust note, setting the stage for 2021. For over 30 years our team of expert analyst have provided quality data to businesses within the commercial vehicle industry. This bill addresses several provisions related to highway transportation infrastructure, including provisions to improve road safety, accelerate project completions, improve resiliency to disasters, and reduce highway emissions. For over 30 years our team of expert analyst have provided quality data to businesses within the commercial vehicle industry. “Next year will certainly show significant year-over-year growth, as the industry builds on the remarkable momentum seen in the second half of 2020 rebound,” said Kenny Vieth, ACT’s President and Senior Analyst. The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides $25 billion to transit agencies to help to prevent, prepare for and respond to the COVID-19 pandemic. Transportation Digest | ACT Research is a recognized leading publisher of commercial vehicle industry data, market analysis, and strategic forecasting services for the North American market. For over 30 years our team of expert analyst have provided quality data to businesses within the commercial vehicle industry. transportation | ACT Research is a recognized leading publisher of commercial vehicle industry data, market analysis, and strategic forecasting services for the North American market. Shown Here: Reported to Senate (08/01/2019) America's Transportation Infrastructure Act of 2019. transportation industry news | ACT Research is a recognized leading publisher of commercial vehicle industry data, market analysis, and strategic forecasting services for the North American market. Transportation COVID-19 Impacts North American Commercial Vehicle Markets COVID-19 required ACT Research to do a foundational reassessment of near-term economic expectations, and by extension, North American commercial vehicle demand. CLICK HERE to watch a presentation by Frank Maly, ACT's Director of Commercial Vehicle Transportation Analysis and Research, reviews the state of the commercial trailer market at ACT's Outlook Seminar 61 in August of 2019. The total available amount for each program is based on funding appropriated under the Act.
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