FedEx CEO: Infrastructure Needs to Be Updated, Expanded

The transcript discusses the need for a comprehensive infrastructure spending package in the U.S., highlighting the importance of modernizing and expanding infrastructure to support the economy. It examines the definition of infrastructure, emphasizing the need for a broader understanding that includes highways, waterways, and airports. The discussion also reflects on past stimulus packages, noting their limited focus on infrastructure projects. The impact of e-commerce on infrastructure needs is addressed, advocating for federal standards to improve transportation efficiency and safety.

What is the primary focus of the proposed infrastructure spending package?

• Increasing military spending

• Developing new technology parks

• Modernizing and expanding highways, waterways, and airports

• Building new schools

Why is there a debate about the definition of infrastructure?

• Because everyone wants to include their local projects

• Because it only includes roads and bridges

• Because it is not important for the economy

• Because it is a new concept

What was a major issue with the stimulus package under the Obama administration?

• It was too small in scale

• It was too focused on infrastructure projects

• It was not directed towards key infrastructure projects

• It only benefited private companies

How has the rise of e-commerce affected infrastructure needs?

• It has led to a decrease in road usage

• It has decreased the need for transportation systems

• It has increased the need for larger trailers and improved transportation systems

• It has made infrastructure less important

What is one proposed change to improve transportation systems for e-commerce?

• Eliminating user fees for transportation

• Increasing the federal standard for trailer size to 33 feet

• Building more bike paths

• Reducing the size of trailers