Parker, who served his post for five months, had requested $2 billion in additional funds for Corps of Engineers’ fiscal 2003 budget, but ended up with a proposed $4.29 billion. After an adjustment of $115 million to cover federal retiree costs, the total budget would be about $4.175 billion, 10 percent below the enacted level last year. The agency is responsible civil projects, such as dredging the nation’s ports and waterways for shipping.
Many in the shipping and port industry agree with Parker’s call for more funds.
Erik Stromberg, executive director of the North Carolina State Ports
Authority on behalf of the American Association of Port Authorities, told members of the House Transportation and Infrastructure Subcommittee on Water Resources and Environment on Thursday that the ports are concerned that the Administration’s proposed fiscal 2003 budget is not enough to keep navigation projects on schedule. This could cause a large backlog in maintenance of the Corps’ existing navigation projects, he said.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now