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,
By Patrick Burnson, Executive Editor
December 15, 2011 - LM Editorial

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 Author

image
Patrick 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 .(JavaScript must be enabled to view this email address).


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!

Recent Entries

Intermodal units, at 278,767 containers and trailers were up 6.7 percent compared to the same week last year and marks the third best week for intermodal ever recorded based on AAR’s data.

LM Group News Editor Jeff Berman recently conducted a wide-ranging interview with Bobby Harris, President and CEO of non asset-based 3PL BlueGrace Logistics about various aspects of the freight transportation market.

It’s small, but senior brass at YRC Worldwide will take it. After nearly seven years of continuing losses in excess of $2.6 billion, the parent of the nation’s second-largest LTL carrier posted a narrow net profit in the third quarter ended Sept. 30.

As was the case for the second quarter, third quarter earnings results for publicly-traded less-than-truckload (LTL) carriers are again strong. Signs of solid earnings results from carriers that have posted earnings to date include tonnage increases, gains in weight per shipment and average daily shipments, higher yield, and revenue per hundredweight.

While the holiday season is known to bring good tidings and cheer to all, it may also come with another thing that is not so pleasant: higher rate freights. That was the thesis of a commentary written by Mark Montague, industry pricing analyst and chief market-watcher for DAT, a Portland, Ore.-based subsidiary of TransCore.

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers 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. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA