Waterways Council on Lock & Dam Failure
Waterways Council, Inc. The failure of Markland’s main chamber miter gate is disturbing for many reasons, namely that the repair could take 90 days or longer to complete. This means that shippers, who rely on the inland waterways system to ship America’s building block commodities such as coal for electric power generation, grain to feed the world market, petroleum products for fuel, steel for construction, or aggregate materials for a myriad of uses, could face serious delays in transporting those cargoes. Consumers, who ultimately receive and benefit from the commodities shipped on the waterways, could incur higher costs and significant delays waiting for those goods. Waterways council, Inc.
Bush Budget Highlights Marine Transport
Released on February 7, President Bush's FY 2006 proposed budget requests the highest funding for the U.S. Army Corps of Engineers Civil Works program in many years. It demonstrates the Bush Administration's increasing understanding of the myriad benefits of the nation's inland waterways system and the need to nurture, not neglect, this critically important transportation system. The budget request underscores the President's goal to keep the Nation economically strong and competitive. This budget request of $4.513 billion proposes FY '06 spending of $184 million from the dedicated Inland Waterways Trust Fund (IWTF) for the modernization of priority, Congressionally-approved locks and dams on the inland system.
