ASCE: U.S. ports need $30B over 20 years to remain competitive

09/14/2012 | Washington Post, The

The American Society of Civil Engineers says U.S. ports and waterways need $30 billion over the next two decades to make way for bigger ships and efficiently handle exports and imports to stay competitive. If the investment isn't made, we could see "export losses of $270 billion by 2020 and a $697 billion drop in gross domestic product," the report said.

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