The American Association of Port Authorities (AAPA) has joined the U.S. Department of Transportation, Maritime Administration, PFM Group and other port industry experts in creating the first section of a new manual to aid U.S. port authorities in planning and paying for critical infrastructure projects.
U.S. ports plan to spend more than $46bn over the next five years in anticipation of fierce global competition for exports and imports, a report by the American Association of Port Authorities shows.