American Association of Port Authorities Advocates for Increased Port Infrastructure Funding

What's Happening?

The American Association of Port Authorities (AAPA) has submitted official comments to the U.S. Department of Transportation (DOT) in response to a Request for Information (RFI) related to the upcoming federal surface transportation reauthorization legislation. AAPA President and CEO Cary S. Davis emphasized the need for substantial funding to prepare the American maritime industrial base for global competition. AAPA's priorities include an advanced appropriation of $10.9 billion over five years for the Port Infrastructure Development Program (PIDP), equitable funding for ports, more formula funding for port infrastructure, reasonable Build America, Buy America regulations, and permitting reform. These priorities align with the Trump Administration's goal of revitalizing the maritime industry.

Why It's Important?

The AAPA's advocacy for increased funding and regulatory reforms is crucial for the U.S. maritime industry, which plays a significant role in the national economy. Enhanced port infrastructure can improve the efficiency of goods movement, reduce transportation costs, and bolster the competitiveness of U.S. exports. The proposed funding and reforms could also stimulate non-federal investments, as ports often match federal funds with state, local, or private investments. This initiative could lead to job creation and economic growth in port communities and beyond, impacting various stakeholders, including businesses reliant on maritime transport.

What's Next?

The DOT and Congress will consider the AAPA's recommendations as they develop the federal surface transportation reauthorization legislation. The outcome of this process will determine the level of funding and regulatory changes that ports can expect. Stakeholders, including port authorities, businesses, and local governments, will likely engage in advocacy efforts to influence the final legislation. The success of these efforts will shape the future of U.S. port infrastructure and its ability to compete globally.