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New Orleans eyes $1 billion port-development plan

Anticipating the 2014 widening of the Panama Canal, New Orleans officials are seeking $1 billion to update the city's hurricane-ravaged port. At the top of the wish list: $478 million to expand the port's container-cargo terminal, which would bring desperately needed jobs and revenue. "It's critical for the entire recovery of the city and greater New Orleans area," said port CEO Gary LaGrange. USA TODAY (03/05)