John Hennessy III,
P.E.
Strange as it might seem, the threat of administration-imposed tariffs has not slowed investment in America’s ports. The extremely large megaships are coming through the Suez Canal headed to America and U.S. ports will be ready.
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“…The activity that goes around seaports accounts for over a quarter of our U.S. economy, the GDP, so it’s an absolutely vital, critical piece of our economy. It accounts for over 23 million jobs and also, importantly, in these kind of tight fiscal times, that activity generates over $320 billion a year in local, state and federal tax revenue that hopefully then can also be utilized to strengthen and rebuild and modernize that infrastructure that allows for that activity.”
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Animation from the United States Department of Transportation on the importance of seaports to the American economy. “Without ports, the economy stops,” but many of our nation’s ports are in need of updates.
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Highly trained master riggers moved nine oversized specialty tanks through JAXPORT’s Blount Island Marine Terminal, home of one of the nation’s highest weight-bearing capacity docks…The new pressurized steel evaporator tanks, which arrived at JAXPORT from Zhangjiagang, China, are 45-feet in length, 20-feet in diameter, and weigh 220,000 pounds each.
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FEDERAL MARITIME COMMISSION
Global trade is of increasing relevance to the U.S. economy. With the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) free trade agreements in advanced negotiation, it seems certain that the U.S. role in global trade will expand in the years to come and international trade will become even more engrained in the U.S. economy. According to the World Trade Organization (WTO), the dollar value of world merchandise trade was almost $19 trillion in 2014, $4 trillion of which (over 21%) was accounted for by the U.S.
GLOBAL CITIES INITIATIVEBROOKINGS METROPOLITAN POLICY PROGRAM Summary The United States traded over $4 trillion worth of international goods in 2014, ranging from raw agriculture to advanced precision instruments. The enormous variety of exports and imports powers American industries, allowing industrial and household consumers to enjoy cost-effective products and exporting producers to access global markets. Even […]
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Transportation Issues Daily Last month the Port of Prince Rupert received another super crane and expanded its capability to receive Panamax ships. The Port now has four super cranes. “The arrival of a fourth crane for our container operations will further enhance our ability to quickly and efficiently turn around container vessels at Fairview Terminal. […]
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BROOKINGS INSTITUTION
BROOKINGS CENTER FOR 21ST CENTURY SECURITY AND INTELLIGENCE
Today, U.S. port facilities rely as much upon networked computer and control systems as they do upon stevedores to ensure the flow of maritime commerce that the economy, homeland, and national security depend upon. Yet, unlike other sectors of critical infrastructure, little attention has been paid to the networked systems that undergird port operations. No cybersecurity standards have been promulgated for U.S. ports, nor has the U.S. Coast Guard, the lead federal agency for maritime security, been granted cybersecurity authorities to regulate ports or other areas of maritime critical infrastructure.
AMERICAN ASSOCIATION OF STATE HIGHWAY AND TRANSPORTATION OFFICIALS
From the initial settlement of North America, through colonization and expansion, and to the present day, where and how we live has been determined in large part by waterborne transportation. Today, the United States relies on its Marine Transportation System, or MTS, for access to global markets and global products, and for domestic goods movement as an alternative to congested surface transportation.
RESEARCH AND INNOVATIVE TECHNOLOGY ADMINISTRATION
BUREAU OF TRANSPORTATION STATISTICS
The U.S. marine transportation system handles large volumes of domestic and international freight in support of the Nation’s economic activities. As a vital part of that system, the Nation’s container ports handle cargo and are sources of employment, revenue, and taxes for businesses or communities where they are located.
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