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Managed by Paul J. Loftus, a partner at Dinsmore & Shohl LLP, Transportation Law Today provides professionals in the rail, transit, inland maritime, and trucking industries with current news and analysis of laws, rulings, and regulatory policies.
Monday, September 17, 2012
Engineer Group's "Failure to Act" Report Addresses Airport, Inland Waterways, and Port Infrastructure
The American Society of Civil Engineers (ASCE) published its latest "Failure to Act" report addressing U.S. infrastructure. The lastest report is "The Economic Impact of Current Investment Trends in Airports, Inland Waterways, and Marine Ports."
Needless to say from the title of the paper, the ASCE advocates investment in infrastructure projects. Among the interesting contents of the report are various graphs and charts, including graphs of costs (by commodity) from the use of undersized vessels in shallow harbors, lost trade due to gaps in inland waterway and port investment, and the top 10 sectors to be affected by decline in waterborne trade in 2020.
This latest report is ASCE's third in the "Failure to Act" series, having previously published reports on Surface Transportation and Water and Wastewater.
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