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Port Competition is Intensifying. Prince Rupert. Nova Scotia. Seattle. New York. Oakland. Norfolk. LA/LB. Savannah. Jacksonville. Mobile. Lazaro Cardenas. East Coast ports race to dig deeper for giant ships coming through expanded Panama Canal By Russ Bynum
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Port Competition is Intensifying Prince Rupert Nova Scotia Seattle New York Oakland Norfolk LA/LB Savannah Jacksonville Mobile Lazaro Cardenas
East Coast ports race to dig deeper for giant ships coming through expanded Panama Canal By Russ Bynum SAVANNAH (AP)- When Savannah welcomed the largest cargo ship ever to call on its booming seaport, the visiting vessel barely fit. The Figaro had to sail in loaded at half capacity to avoid scraping the river bottom, and even then could only navigate the shallow channel at high tide.
Canada’s Gateway & Corridor Initiative Targets U.S. Midwest Cities
Panama Canal Expansion & East Coast/Gulf Port Development Melford, Nova Scotia (Prince Rupert of the East): 1.5 M TEU (2.5 M expanded). Maher Terminals will complete by 2013. New York: 52’ depth by 2012. Expanded rail capacity to 1 million on/near dock. Bayonne Bridge $1.2B Norfolk: expand to 3M TEU. Proposed Craney Island Terminal 2.5M TEU. Private APMT 1M TEU (2M expansion). Al l56’ depth Charleston: Proposed new 1.3M TEU terminal. 45’ deep. Jasper County: Proposed$500m, 1800 acre, 48’ depth. Savannah: expand capacity to 6.5 Million TEU. 48’ channel deepening project. New intermodal facilities. Jacksonville: 2 new container terminals. 2 Million TEU. Dredging to 45’’ Mobile: New Terminal and ICTF. 800,000 TEU Houston: Bayport Terminal $1.4 billion project. 2.3 M TEU.
National Freight Strategy • Office of multimodal freight • Develop national strategic freight plan • Dedicated funding for freight • HM Tax: Full expenditure; level the playing field
Proposal to fix HM Tax Land Border Loophole • We support full expenditure of HM Tax revenue. • Preserve current HM Tax and HMTF structure • At the land border, charge the same rate (0.125% of value) as the current HM Tax • Establish new account for use by US DOT to fund freight infrastructure projects.