River Transportation Vital to Economy

Monday, August 25, 2003
The recent closure of the Mississippi River due to low releases of water flows from the Missouri River and drought conditions underscores the critical importance of river transportation infrastructure to the economy of the mid-west region and the nation. The Upper Mississippi River Basin and the Missouri River are essential to our nation's economy, as is the lock and dam system which makes the rivers navigable and provide major arteries for commerce in America's agricultural and industrial heartland. "More than 150 million tons of commerce valued at over $24 billion flows annually into, out of, and within the Upper Mississippi River Basin on America's Inland Navigation System. The building blocks of our nation such as grain, coal, petroleum and chemicals are dependent on these vital transportation arteries," said Barry Palmer, President & CEO of Waterways Work! More than 650 manufacturing facilities, terminals, power plants and docks located in the Upper Mississippi River Basin ship and receive tonnage on the river. 54 million tons of river transported grain commodities are exported to world markets. Over 27 million tons of coal are supplied on the river to more than 18 power plants providing electrical power generation to millions of residents and industrial facilities throughout the basin. The Port of Metropolitan St. Louis is the second largest inland port in the United States. "Our waterways transport cargo equal to 40 million trucks or 10 million rail cars each year. We must keep these vital water transportation arteries open and efficient for our nation's economy to flourish," continued Palmer.
Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Electronics

INTERSCHALT Expands Africa, Asia Service Networks

INTERSCHALT maritime systems AG, the provider of maritime software, services and supplier of Voyage Data Recorders (VDR 4G[e] and s-VDR) has expanded its network

G&D Launches US Subsidiary

German KVM company Guntermann & Drunck GmbH (G&D) announced it will distribute its equipment from new U.S. subsidiary G&D North America Inc. in Miami, Fla.      With

VesselVanguard Partners with Hatteras Yachts

VesselVanguard announced today a new partnership with Hatteras Yachts to provide a five-year subscription for its award-winning maintenance management solution

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1295 sec (8 req/sec)