Obama US$320-B Multimodal Freight Grant Proposal Welcomed

MarineLink.com
Thursday, February 27, 2014
Multimodal transfer: Image courtesy of Maersk Line

Welcoming the proposal, the Coalition for America’s Gateways and Trade Corridors (CAGTC) says it applauds the Administration’s vision for improving the multimodal freight network to support American businesses and national competitiveness in the world marketplace.

CAGTC inform that President Obama has unveiled an outline for his Administration’s first-ever surface transportation authorization proposal totaling $302 billion over four years and using a combination of highway trust fund revenues and corporate tax reform proceeds to pay for it.

Among the bill’s top-line items is the creation of a multimodal freight grant program with $2.5 billion per year in funds available for rail, highway, and port projects that “address the greatest needs for the efficient movement of goods across the country and abroad.

CAGTC says it has long advocated for a freight-specific grant program that awards funding through the use of merit-based criteria that identifies and prioritizes projects with a demonstrable contribution to national freight efficiency. Freight projects are typically large-scale, frequently multimodal and cross jurisdictional borders, making them difficult to fund through traditional distribution methods such as formula programs.

"Southern California's 18 million residents who our 191 member cities represent, applaud President Obama and his Administration for recognizing the linkage between efficient freight movement and our nation’s ability to compete in the global marketplace. Our region has one of the highest employment levels related to efficient logistics and manufacturing in the United States,” said Sharon Neely, CAGTC Chairman and Deputy Executive Director of the Southern California Association of Governments.

To learn more about the national freight network’s investment needs, visit: http://tradecorridors.org/images/stories/news/documenting_the_need_fact_sheet.pdf

 

 

 

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Info-X Invests in $5m Headquarter Expansion

Transportation solutions provider capitalizes on outsourcing trend Info-X Software Technology, provider of software solutions and back-office support to U.S.

Daihatsu Joins ClassNK Research Project

Classification society ClassNK announced that it will embark on a joint research project together with Daihatsu Diesel Mfg. Co., Ltd. Through the partnership, ClassNK

Ecospeed Fuel and Cost Saving Solutions at SMM

Ecospeed announced it will exhibit its line of fuel and cost saving solutions at SMM in Hamburg. Ecospeed and fuel savings Routine in-water cleaning results

Finance

Info-X Invests in $5m Headquarter Expansion

Transportation solutions provider capitalizes on outsourcing trend Info-X Software Technology, provider of software solutions and back-office support to U.S.

US Rail Jams Force Rush to Roads and Rivers

U.S. coal-burning power utilities are being forced to turn to barges and more expensive trucks to move coal, desperate to shore up stockpiles left dangerously low

Jones Act is Critical to Conn. Economy

Study shows Connecticut shipbuilding industry worth $2.5 billion to state’s economy, supports nearly 23,000 jobs The American Maritime Partnership (AMP) joined

News

Keel Laid for Holland America Line’s New Ship

Holland America Line celebrated the keel laying of its new 2,650-guest Pinnacle Class ship on August 22 at Fincantieri’s Marghera shipyard in Italy. A 680-ton block

HMS Illustrious Decommissioned

HMS Illustrious – the last of the Royal Navy’s Invincible-class aircraft carriers – was decommissioned at Portsmouth Naval Base today, marking the end of her 32-year career.

Info-X Invests in $5m Headquarter Expansion

Transportation solutions provider capitalizes on outsourcing trend Info-X Software Technology, provider of software solutions and back-office support to U.S.

Government Update

Jones Act is Critical to Conn. Economy

Study shows Connecticut shipbuilding industry worth $2.5 billion to state’s economy, supports nearly 23,000 jobs The American Maritime Partnership (AMP) joined

Restoring the NY-NJ Harbor Estuary

Significant challenges often require a team effort. Restoring the New York-New Jersey Harbor Estuary is one of them. A group of professionals from the Army Corps of Engineers,

Federal Officials Approve Plans to Replace Mukilteo Terminal

The 60-year-old Mukilteo Ferry Terminal is one step closer to replacement. On Friday, Aug. 22 the Federal Transit Administration signed a record of decision allowing

Logistics

Info-X Invests in $5m Headquarter Expansion

Transportation solutions provider capitalizes on outsourcing trend Info-X Software Technology, provider of software solutions and back-office support to U.S.

Long Beach Cargo Operations Resume

Repair work begins after storm surges subsides The Port of Long Beach resumed full cargo-handling operations Thursday, Aug. 28, after a lessening of storm surges

US Rail Jams Force Rush to Roads and Rivers

U.S. coal-burning power utilities are being forced to turn to barges and more expensive trucks to move coal, desperate to shore up stockpiles left dangerously low

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.2692 sec (4 req/sec)