Transportation bill has no teeth: ports exec
Jul 11, 2012 | 04:18 PM
| Catherine Ngai
NEW YORK The signing of the $100-billion transportation bill might have been a relief for many who move surface freight, but some are still not convinced theres enough action on maintaining federal navigation channels and port dredging.
President Obama signed a bill Friday that maintains funding for the nations roads, bridges and highways for 27 months (AMM, July 10). While the legislation stipulates that Congress is required to use revenue collected via the harbor maintenance tax (HMT), some maintain the wording isnt strong enough.....
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