What's Happening?
The National Association of Waterfront Employers (NAWE) is urging Congress to include the 'Strengthening American Maritime Dominance Act' in the Fiscal Year 2026 NDAA. This act would expand the Capital Construction Fund, allowing U.S. marine terminal operators to upgrade cargo handling equipment without taxpayer cost. The proposal aims to modernize port infrastructure and transition away from equipment produced in China, enhancing national security and supporting domestic manufacturing.
Why It's Important?
Expanding the Capital Construction Fund could significantly impact U.S. port operations, boosting domestic manufacturing and enhancing national security. By enabling private reinvestment in modern equipment, the proposal supports resilient trade operations and prevents supply chain disruptions. The legislation's Buy America provisions ensure investments benefit U.S. jobs and industry, aligning with broader economic and security goals.
