(1) In general.— The Director, in consultation with the advisory board established under section
5502 and other public and private transportation interests, shall develop a plan to improve the national intermodal transportation system. The plan shall include
(A) an assessment and forecast of the national intermodal transportation systems impact on mobility, safety, energy consumption, the environment, technology, international trade, economic activity, and quality of life in the United States;
(B) an assessment of the operational and economic attributes of each passenger and freight mode of transportation and the optimal role of each mode in the national intermodal transportation system;
(C) a description of recommended intermodal and multimodal research and development projects;
(D) a description of emerging trends that have an impact on the national intermodal transportation system;
(E) recommendations for improving intermodal policy, transportation decision-making, and financing to maximize mobility and the return on investment of Federal spending on transportation;
(F) an estimate of the impact of current Federal and State transportation policy on the national intermodal transportation system; and
(G) specific near and long-term goals for the national intermodal transportation system.
(2) Progress reports.— The Director shall submit an initial report on the plan to improve the national intermodal transportation system 2 years after the date of enactment of the Surface Transportation Safety Improvement Act of 2005,
and a follow-up report 2 years after that, to the Committee on Commerce, Science, and Transportation of the Senate and the Committee on Transportation and Infrastructure of the House of Representatives. The progress report shall
(A) describe progress made toward achieving the plans goals;
(B) describe challenges and obstacles to achieving the plans goals;
(C) update the plan to reflect changed circumstances or new developments; and
(D) make policy and legislative recommendations the Director believes are necessary and appropriate to achieve the goals of the plan.