The AAPA said the 2015 Consolidated and Further Continuing Appropriations Act, or “Cromnibus” bill, would reduce the Department of Transportation’s TIGER (Transportation Infrastructure Generating Economic Recovery) grants program to $500 million compared with fiscal year 2014’s $600 million, but said that is still significantly higher than the House-proposed mark of $100 million.
“The funding provided to port-related infrastructure programs in this ‘Cromnibus’ is recognition that lawmakers appreciate that seaports, the connections with them and the trade flowing through them, are vital to creating and sustaining jobs, economic growth and enhancing U.S. international competitiveness,” said Kurt Nagle, AAPA’s president and chief executive officer, in a statement.
Earlier this year, AAPA initiated what it called its “Hit the HMT Target!” campaign aimed at incrementally increasing HMT funding, as outlined in the 2014 Water Resources Reform and Development Act, until the amount collected each year equals the amount appropriated. The campaign urges the Obama administration and Congress to meet WRRDA’s annual HMT funding targets for harbor dredging and expanded uses.
AAPA said the funding bill agreement also provides a 24 percent increase in the Corps’ fiscal year 2015 coastal navigation construction budget over fiscal 2014, from $155 million to $192 million.
“The association is looking ahead to President Obama’s fiscal 2016 budget request and for Congress to hit the HMT target that was established in WRRDA, which would provide 69 percent of the $1.9 billion estimated to be collected in 2015 HMT revenues,” Nagle 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.
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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