With a grade of C- for the American Society of Civil Engineers, infrastructure in the U.S. definitely needs work. With the approval of the infrastructure bill, we will finally have some relief. But according to a Forbes article, the next year may not see much of a difference and our infrastructure is likely to get worse.
Mike Nervick is cofounder and CEO of Sleek Technologies, a freight procurement software company. He noted that revamping the infrastructure “is a long-term process… while relief is needed now in terms of alleviating traffic congestion and quickening the supply chain, it will likely be several years before we begin to see the widespread gains of this planned infrastructure spending.”