According to AASHTO 2015 Bottom Line Report, freight transported in America was 17.6 billion tons in 2011, with freight ton-miles expected to grow 72% from 2015 to 2040. Additionally, the population of the United States more than doubled since 1950, but the road system has only grown from 3.3 Million miles to more than 4.1 Million miles. This additional stress without regular maintenance has rendered U.S. Infrastructure obsolete, economically uncompetitive, and overly congested.
While one method of repairing our infrastructure and meeting the demands of the 21st Century is Taxation and Government Spending, Transonic believes that Free Market Solutions are just as viable.
Because of the dismal state of U.S. Infrastructure, the profitability of Shipping Freight has undoubtedly suffered. According to a 2015 Urban Mobility Report by Texas A&M Transportation Institute, transportation infrastructure is at or nearing capacity in many parts of the country and is expected to get worse. Americans wasted 42 hours sitting in congestion in 2014 and wasted 3.1 billion gallons of fuel – equal to one full work week and three weeks’ worth of gas for every traveler. The total cost of congestion in 2014 was $160 Billion.
Because of this, the market price for transporting freight can be volatile depending on a large number of factors, and often times leads to rates almost double that of the national average when freight is coming from congested areas. In addition, the Congressional Budget Office has recommended that freight transporters pay more taxes to account for infrastructure repairs and maintenance.
General Mills estimates that for every 1MPH reduction in average speeds of its trucking shipments below the posted speed limit, $2 Million is added in higher annual costs.
"By failing to invest in our vital transportation systems by 2020, businesses would pay an extra $430 Billion in transportation costs and U.S. exports would fall by $28 Billion."- ASCE
According to UPS, if congestion causes each UPS delivery driver to incur 5 minutes of delay, it would cost the company $100 Million.
"The economic competitiveness of U.S. transportation was ranked number one in the world in 2005. In 2016 it was ranked 11th."- World Economic Forum
ATT Freight Movement
Automated Tube Transport (ATT) provides a new means for organizations in the freight transportation industry to improve their business models & achieve lower costs, optimize operations, and transport more. ATT is compatible with highway, rail, and marine transport, and leverages the latest technology and operational strategies to mitigate congestion at ATT/Intermodal Facilities.
Transonic's Loop Terminals are designed with efficiency in mind, giving warehouses, transfer stations, trucking companies, freight handlers, and storage facilities full range of transportation services to best meet their needs.
Conceived in August 2016, our innovative terminal design ensures that movement of freight is always taking place, whether incoming or outgoing. In addition, the encompassed area can be modified to be either spacious or compact enough to suit the needs and requirements of all stakeholders without losing efficiency.