Posted on April 1, 2021
“President Biden is calling on Congress to invest an additional $17 billion in inland waterways, coastal ports, land ports of entry, and ferries, which are all essential to our nation’s freight. This includes a Healthy Ports program to mitigate the cumulative impacts of air pollution on neighborhoods near ports, often communities of color. “
DredgeWire Analysis
$2T for the Infrastructure Bill, a/k/a “American Jobs Plan”
Of that, $621B for Transportation Infrastructure
Of that, $42B for Ports and Airports
Of that, only $17B for the categories above ($25B for airports)
DredgeWire thinks that this incremental spending, over 10 years, doesn’t seem like a lot. Under 1% of the total requested…..our navigation and marine and port infrastructure are surely worth more than 1% of our total.