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Home International Customs

US ports to need $28.9b to upgrade roads, rails, bridges, tunnel links

byCustoms Today Report
27/04/2015
in International Customs
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NEW YORK: U.S. ports say they will need $28.9 billion in upgrades to roads, rails, bridges and tunnel links over the next decade to deal with the growing amount of freight they expect, according to a new report by the American Association of Port Authorities.

The APAA’s State of Freight Survey says that the container volumes that moved through U.S. ports rose by around 50 percent between 2000 and 2013 to around 44.5 million 20-foot equivalent units, or TEUs.

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The U.S. ports that responded to the survey – more than 75 in all, representing a 95 percent response rate – said they have prioritized a total of 135 freight-related “landside” projects through 2025, according to the Engineering News-Record.

Ports along the Gulf of Mexico said they will require a total of $4.13 billion to handle projected 2025 freight volume.  That amount is far less than the projected total of $6.92 billion that North Pacific ports in Washington, Oregon and Alaska say they will need.

Tags: bridges and tunnel links: reportrailsU.S. ports to need $28.9b in upgrades to roads

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