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October 08, 2020 | USDA Grain Transportation Report

DOT Highway Trust Fund Extended One Year

Stop-gap needed as FAST Act expired September 30

On October 1, President Trump signed a continuing resolution to extend Federal surface transportation programs for one year.

The extension includes the $13.6 billion for the Highway Trust Fund (HTF), which finances most Federal highway spending and is administered by the Department of Transportation’s (DOT) Federal Highway Administration.

The extension is part of a larger package that will fund the entire Federal Government through December 11. The Owner-Operator Independent Drivers Association (OOIDA) along with 80 other organizations had called for the one-year extension.

The stop-gap measure was essential because the previous law — known as the Fixing America’s Surface Transportation (FAST) Act — expired on September 30. 

Information provided by USDA Grain Transportation Report

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