Governor Wolf Reinforces Commitment to Rural Communities, Local Infrastructure with New Investments February 12, 2018 Infrastructure, Press Release, Transportation Harrisburg, PA – Governor Tom Wolf today outlined Pennsylvania Department of Transportation (PennDOT) plans to fix more locally owned bridges and improve more than 1,100 miles of rural and low-volume roadway through multi-year investments included in his budget proposal released last week.The department is implementing five-year investment programs including a Rural Commercial Routes program that will improve low-volume roads through industry partnerships and with cost-effective treatments like Recycled Asphalt Paving (RAP); and rehabilitating or replacing at least 85 municipally owned bridges over five years.“These investments build on the Road Maintenance and Preservation Program [Road MaP] that we started last year to increase effort on not only major routes, but also lower traffic roadways across the state,” Governor Wolf said. “We will leverage partnerships with local governments and private industry to bring targeted and much-needed improvements.”The Rural Commercial Routes program will invest $200 million over the five-year period on roadways seeing, on average, fewer than 3,000 vehicles daily. More than 360 miles will be improved in 2018-19 alone, including roadways posted with weight restrictions as well as an estimated 260 miles to be improved with lower-cost pavement treatments such as RAP.The program will also expand cost-sharing partnerships with heavy hauling industries to improve roadways not originally designed to handle heavy vehicles, many of which are posted with weight restrictions. Examples of industries that have previously taken part in the 50-percent cost-sharing partnership include timber, aggregate haulers, Unconventional Oil and Gas and Natural Gas, and more.“Many businesses rely on our rural roadways to transport their products,” PennDOT Secretary Leslie S. Richards said. “These investments will improve travel not only for these industries, but also residents.”The administration is also expanding its focus on locally owned bridges by rehabilitating or replacing 85 to 100 bridges over five years. The $50 million program will add bridges to the department’s Twelve Year Transportation Program, requires no local match, and will bundle bridges for savings and efficiency wherever feasible.The local bridge investments complement the local bridge program included in Road MaP which makes opportunities available for counties who have taken steps to enhance their transportation networks by collecting the $5 vehicle registration fee enabled by Act 89 of 2013, the state transportation plan. While significant progress has been made on state-owned bridges – with 1,600 repaired or rebuilt since 2015 – 30.7 percent of the more than 6,500 locally owned bridges are structurally deficient compared to 12.2 percent on the state system.“We commend the local government officials who have made investments in their communities’ infrastructure,” Richards said. “This program will underscore our commitment to helping our local partners in our shared mission of safe, efficient travel.”The new investments complement the improvements completed and underway across the state. PennDOT has put out 684 bridge contracts and roughly 1,400 contracts for roadway and other improvement projects worth approximately $7.5 billion since January 2015.More information on Road MaP and Act 89 can be found on the “Act 89 Transportation Plan” page at www.penndot.gov. SHARE Email Facebook Twitter
South Korea is clamping down on behind the scene maneuvering of former maritime executives who were at the helm of major shipbuilding and shipping businesses.The Seoul Central District Court has sentenced former CEO of Daewoo Shipbuilding and Marine Engineering (DSME) Nam Sang-tae to six years of prison as he was found guilty of accounting fraud, embezzlement, breach of duty and bribery.Nam Sang-tae served as the company’s CEO between 2006 and 2012, and his wrongdoings are beleived to have contributed to DSME’s financial troubles during the industry slowdown.The court also fined him with USD 806,000, Yonhap news agency reported on Thursday, October 7.In a separate ruling from today, the Seoul court sentenced a former chairwoman of the defunct Hanjin Shipping, Choi Eun-young, to 18 months in prison, for insider trading.Eun-young was found guilty of selling off her family-stake in the shipping company days before it declared a court-led debt restructuring plan. She was also fined with USD 1.09 million, Yonhap informed.By selling the stake, her family avoided losses of up to KRW 1 billion.World Maritime News Staff
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