MARAD, Public Port Development Expenditure
The Maritime Administration has released its new U.S. Public Port Development Expenditure Report (FYs 2006/2007-2011) (February 2009). This report is the only one of its kind in the port industry that covers capital expenditures at U.S. ports. It is used by port authorities, federal and state policy makers, industry associations, and other entities interested in the marine transportation industry.
The February 2009 U.S. Public Port Development Expenditure Report includes fiscal year (FY) 2006 and projected five year 2007-2011 expenditure data, along with the funding sources used to finance those expenditures. It aggregates data by geographical region, type of facility, on- and off-terminal infrastructure, dredging, security, and by new construction and modernization/rehabilitation.
This report is the result of a cooperative effort between the Maritime Administration and the American Association of Port Authorities (AAPA). It was prepared by Maritime Administration’s Office of Intermodal System Development, using expenditure information furnished by AAPA’s U.S. port members. Continuing a tradition first begun by the Port Authority of New York and New Jersey in 1956, the Maritime Administration has been publishing this report since 1991. AAPA’s U.S. public port agencies represent virtually all the major U.S. deep-draft coastal and Great Lakes ports.
The report is available electronically online: www.marad.dot.gov