Trump told ports need investment

US President Donald Trump A coalition of ports and industry organisations has written to Donald Trump to highlight the need for federal funding for ports. Image courtesy of Shealah Craighead/ Wikimedia

A US ports coalition has urged President Trump “not to overlook” ports as federal infrastructure investments plans are made.

The group said that “outdated” port infrastructure threatens to interrupt the supply chain and the country’s economy and the development of a national strategy for infrastructure investments is a key time to address this.

In a letter to President Trump, the group, made up of Port Authority of New York & New Jersey; Port of Long Beach; Port of Los Angeles; terminal operators Ports America Group and SSA Marine; the Agriculture Transportation Coalition and Retail Industry Leaders Association, told President Trump that “critical infrastructure challenge must be met by increased public and private investment in U.S. ports.”

Vital role

Traditional federal infrastructure funding programs are generally not comprehensive enough to support the size and scale of the investments needed at US ports, the group stated.

Despite this, it stressed the “vital” role that ports play in our economy, “serving as the entryway to over 90 percent of America’s trade.”

According to the American Association of Port Authorities, during 2015, US ports supported 23m jobs and generated more than US$321bn in tax revenue.

Meanwhile, underinvestment in ports results in increased prices and lost economic opportunity – as much as tens of billions of US dollars every year, according to corporate public policy group Business Roundtable.

Bolstering security

The group highlights the role that US ports play in national defence and emergency preparedness.

It added: “Your infrastructure package represents a historic opportunity to recalibrate U.S. infrastructure policy to ensure the future success of U.S. ports in a way that is commensurate with their economic and strategic importance.

“Our industry has a long track record of leveraging public investment with significant private dollars, and we stand ready to work with your Administration and Congress to address America’s infrastructure needs.”


Jade Logistics leads Indonesian ports into a digital future

Christchurch, 06 July 2018 – PT Pelabuhan Indonesia I (Pelindo I) has chosen the terminal operating ... Read more

Gantrex has recently announced the launch of a whole new product category to its portfolio, the TrenchLok™ Cable Trench Cover.

Gantrex’ TrenchLok™ cable trench cover, efficiently and economically protects cranes’ power cables f... Read more

TGI Maritime Software launches «Hazardous» and «Yard Management» modules

TGI Maritime Software launches two complementary modules allowing yard optimization and hazardous co... Read more

Asia’s future energy needs on the agenda at Tank Storage Asia 2018:

Asia’s future energy needs on the agenda at Tank Storage Asia 2018: Read more

Portunus assumes dealership of Dana Spicer in Egypt

Portunus Naem, the Egyptian branch of Portunus Port Spares & services is appointed as official Dana ... Read more

Very first installations by new SFT Spanish office

Our new office in Spain is not even a year old and we already celebrate two successfully completed i... Read more

View all