News Release
FOR RELEASE - November 18, 2016
Contact: Aaron Ellis, Public Affairs Director, aellis@aapa-ports.org
703-684-5700
American Association of Port Authorities
Phone: (202) 792-4033
www.aapa-ports.org
The American Association of Port Authorities (AAPA)— the recognized and coordinated voice of seaports in the Americas—today sent a multi-faceted document to President-Elect Donald Trump’s transition team. The paper outlines opportunities to, in the words of the president-elect’s campaign, “Make America Great Again,” by strategic investments in seaports and related freight transportation assets, thereby helping U.S. businesses better compete in markets at home and abroad.
“President-Elect Trump has put forth an ambitious goal of investing up to $1 trillion to rebuild America’s infrastructure, for which freight transportation and ports are vital components,” said AAPA President and CEO Kurt Nagle. “An enhanced focus on freight transportation and ports would help achieve the new administration’s goal of building a better economic future for America.”
Among the key recommendations laid out by AAPA are:
“Nations worldwide have recognized the need to invest significantly in their freight networks to accommodate increasing volumes, larger vessels and be competitive,” said Mr. Nagle. “It’s vital that the United States invest significantly in its ports and freight network.
“America’s seaport activity accounts for over a quarter of the national economy and supports more than 23 million jobs. Local ports and their private-sector partners plan to invest nearly $155 billion into infrastructure over the next five years. Leveraging federal investments in seaport and freight-related programs will yield huge dividends in the form of economic growth, maintaining and creating jobs, enhancing America’s international competitiveness and sustaining a healthy environment.”
About AAPA
Founded in 1912, AAPA today represents 140 of the leading seaport authorities in the United States, Canada, Latin America and the Caribbean and more than 250 sustaining and associate members, firms and individuals with an interest in seaports. According to IHS World Trade Service, combined international sea trade moving through Western Hemisphere ports in 2014 totaled 3.48 billion metric tons in volume and US$3.75 trillion in value. Of that total, ports in Central and South America handled 1.68 billion metric tons of cargo valued at US$1.36 trillion, while North American ports handled 1.79 billion metric tons of goods, valued at US$2.39 trillion. To meet the growing demand for trade, the AAPA and its members are committed to keeping seaports navigable, secure and sustainable. For more information, visit www.aapa-ports.org.