AAPA applauds effort to expand and improve seaports
Four of the 46 capital project funding requests selected for awards go directly to America’s port-related infrastructure,
in the NewsImproved freight forwarding market has little impact on rates, says new report Biomass Business Study Uses Logistics as a Measure of Commercial Success Port of Oakland remains in strong expansion mode Corrugated Packaging Alliance releases new report showing industry’s environmental progress Global ports sector faces structurally slower growth, says Fitch Ratings More News
U.S. Transportation Secretary Ray LaHood announced today that 46 transportation projects in 33 states and Puerto Rico will receive a total of $511 million from the third round of the U.S. Department of Transportation’s popular TIGER (Transportation Investment Generating Economic Recovery) grants program.
The Department of Transportation received 848 project applications requesting a total of $14.29 billion. Four of the 46 capital project funding requests selected for awards go directly to America’s port-related infrastructure, totaling $62,238,246, or about 12 percent of the total $511,423,147 in capital grant funds available. Millions more go to projects that indirectly aid the efficient movement of goods to and from America’s seaports.
“DOT Secretary LaHood has indicated on numerous occasions the value and importance of seaport-related infrastructure to America’s overall transportation system and our nation’s competitiveness in global trade,” said American Association of Port Authorities (AAPA) President and CEO Kurt Nagle. “We applaud this recognition of the critical role our nation’s ports play and the federal support in TIGER III for seaports.”
Nagle added that considering the “vast number of applications submitted for the relatively small pot of money available,” he recognized there was a lot of competition for the limited funds.
“However, we will continue to advocate for a 25 percent share of future TIGER grants, which we believe is the appropriate amount since port infrastructure investments are one of the four eligible areas for the program,”??he said.
AAPA spokesman, Aaron Ellis echoed similar sentiments in an interview with LM:
“It’s critical that our nation make the investments in transportation infrastructure today to ensure that we can support the movement of overseas and domestic cargo now and into the future,” he said.
Since the program’s inception as part of the American Reinvestment and Recovery Act, AAPA has been a strong supporter of the TIGER multimodal discretionary grant program. In the first round of TIGER grant awards, port-related infrastructure projects received only 8 percent of the original $1.5 billion. In the second round of grants, port-related infrastructure did better, garnering approximately 17 percent of the total $556.6 million in capital grant funds available.
About the AuthorPatrick Burnson, Executive Editor Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
2017 Rail/Intermodal Roundtable: Volume stable, business steady Cross-Border Logistics: NAFTA tune-up time View More From this Issue