NYC unveils $100M plan to modernize freight distribution system

The New York City mayor's office launched a $100 million plan to overhaul the city’s aging distribution system, reports New York City Economic Development Corp. (NYC). The city’s growing population and its emphasis on immediate delivery of goods are putting additional stress on last-mile transportation.
The project’s goals include modernizing infrastructure, reducing traffic (thus improving air quality) and creating 5,000 jobs. There is little doubt that America’s infrastructure is lacking, if not downright crumbling. The American Society of Civil Engineers 2017 Infrastructure Report Card gives its condition a grade of D+. Other disturbing notes from the study estimate it would require $3.7 trillion by 2025 to raise the grade to a B, a $2 trillion increase over current spending.