Port of StocktonTMS Webinar Series COVID-19: A Leadership Perspective - ‘Scanning the Financial Horizons’TMS Awards 2020Port of Vancouver USATMS Ship Finance & Trade Conference 2020Sailors Society
  • Cleveland Cascades Ltd
  • TMS Tanker Conference 2020
  • Vigan
  • The Wolfson Centre for Bulk Solids Handling Technology
  • TMS Webinar Series COVID-19: A Leadership Perspective - ‘Scanning the Financial Horizons’
  • TMS Ship Finance & Trade Conference 2020

NGFA commends Senate for waterways cost-share

NGFA commends Senate for waterways cost-share

(Posted on 12/05/20)

The National Grain and Feed Association (NGFA) in the USA has commended members of the Senate Environment and Public Works Committee for approving waterways legislation that would reform the funding cost-share model for rehabilitating the nation’s inland waterways system.

NGFA, established in 1896, consists of more than 1,000 grain, feed, processing, exporting and other grain-related companies that operate more than 7,000 facilities and handle more than 70 percent of all U.S. grains and oilseeds.

NGFA said the legislation, which authorizes $17 billion for various infrastructure projects, would “enhance U.S. agriculture’s competitiveness, contribute to the overall efficiency of the U.S. transportation system, and promote overall U.S. economic growth and job creation.”

The committee voted 21-0 to approve S. 3591, dubbed the America’s Water Infrastructure Act (AWIA) of 2020, which includes a section (Section 1069) that would increase to 65 percent the federal government’s share for funding construction and major rehabilitation of each inland waterways navigation project. The remaining 35 percent would be paid by commercial users of the inland waterways, such as barge and towboat operators through barge diesel fuel taxes deposited into the Inland Waterways Trust Fund (IWTF). Currently, the cost-share formula is an even 50:50 split.

“…(C)hanging the cost-share formula for inland waterway construction and major rehabilitation of navigation projects, as proposed in the AWIA 2020 draft legislation, is both a necessary and prudent policy reform for which there is a precedent,” NGFA said in a statement submitted for the record prior to the Senate committee action. “This provision would expedite such projects and bring the U.S. inland waterways transportation system into the 21st century.”

NGFA noted that the majority of U.S. locks and dams have outlived their 50-year design life, and most are incapable of handling modern 1,200-foot barge tows while still others are requiring more maintenance that costs shippers valuable time and resources.

Since 2014, Congress has committed to examining and reauthorizing water infrastructure policies and projects every two years as part of the Water Resources and Development Act process. NGFA noted there were several precedents for changing the cost-share formula. In 2016, Congress changed the cost-share formula for deep draft ports from 50 percent general revenue and 50 percent non-federal sponsor funding to 75 percent general revenue and 25 percent non-federal sponsor. Congress also previously altered the cost-share for both the Olmsted locks-and-dam and the Chickamauga lock projects to increase the federal share.

AWIA 2020 next goes to the Senate floor for consideration, and NGFA urged prompt consideration and passage of the measure. NGFA also is supporting efforts by the House Transportation and Infrastructure Committee to approve its version of the legislation soon. Read the section-by-section outline of the Senate bill here. Read more about NGFA’s transportation infrastructure priorities here.

Latest News

Oyu Tolgoi mine confirms project schedule

(Posted on 06/07/20)

Oyu Tolgoi LLC has completed an updated feasibility study (OTFS20) and is in the process of submitting... Read more


Rusal publishes sustainability report

(Posted on 06/07/20)

RUSAL, a leading global aluminium producer, has published its annual Sustainability Report on the Hong... Read more


Cargill joins decarbonising research centre

(Posted on 30/06/20)

Cargill has joined leading players across the global maritime industry to launch the Maersk Mc-Kinney... Read more


Oyu Tolgoi mine power agreement

(Posted on 30/06/20)

Rio Tinto, Turquoise Hill and the Government of Mongolia have reached an agreement on the preferred... Read more


ADM to expand corn processing complex

(Posted on 25/06/20)

To help meet continuing high demand for hand sanitizer, ADM has announced it is significantly increasing... Read more


Support for U.S. Grains Act

(Posted on 25/06/20)

The National Grain and Feed Association (NGFA) in the USA and North American Export Grain Association... Read more


Rio Tinto announces board-led heritage review

(Posted on 19/06/20)

Rio Tinto has launched a board-led review of its heritage management processes within Iron Ore following... Read more


WCA responds to India coal auctions

(Posted on 19/06/20)

Statement from Michelle Manook, World Coal Association Chief Executive:“The World Coal Association... Read more


Rusal launches new foundry complex

(Posted on 18/06/20)

RUSAL, a leading global aluminium producer, has announced the commissioning of a new foundry complex... Read more


World steel demand to shrink 6.4%

(Posted on 15/06/20)

The World Steel Association (worldsteel) has released its Short Range Outlook (SRO) for 2020 and 2021... Read more


TOC EventsBühler GmbHViganTBA GroupTelestackCleveland Cascades Ltd
  • TOC Events
  • Cimbria Bulk Equipment A/S
  • Telestack
  • TMS Awards 2020
  • Bühler GmbH

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping