AAPA pleased with Trump's infrastructure plan

President Donald Trump has called on Congress to pass his long-awaited national infrastructure rebuilding plan, which proposes allocating USD200 billion for direct federal spending for US infrastructure over the next ten years.

The proposal is intended to spur state and local governments, as well as the private sector, to increase spending on US infrastructure, including road, bridge and port projects.

In response to the plan's release, American Association of Port Authorities (AAPA) president and ceo, Kurt Nagle, said: "We are pleased the White House has made rebuilding American infrastructure a priority this year, and we look forward to working with members of Congress as they craft a final legislative package that includes a commitment to US ports and waterways.

"With freight volume projected to grow 45 percent over the next two decades, our country needs world-class ports and modern infrastructure to remain competitive and ensure that American goods are able to reach vital global markets."

Nagle added that failure to modernise the nation's infrastructure could lead to a USD4 trillion loss of GDP by 2025.

 

www.aapa-ports.org 

Heavy Lift | News

IUMI nominates Turner

August 15 - The International Union Marine Insurance (IUMI) has nominated Richard Turner, global marine director and European director of global risk solutions at RSA Insurance Group, for the role of president.
Views: 186

Trade tariffs take hold…

August 8 - In its second-quarter analyst call, Caterpillar confirmed that the USA’s decision to impose import tariffs on steel and other metals will have a real effect on its businesses and customers in the second half of 2018.
Views: 803

Singapore to host PPG training course

August 1 - The Project Professionals Group (PPG) will host its Project Cargo Forwarding Certificate training course in Singapore from November 26-27, 2018.
Views: 1039

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.