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Article By: Staff
The American Association of Port Authorities (AAPA) has said that more multimodal funding is US ports’ top priority.
In a statement to the Senate Environment and Public Works Committee, AAPA said that of the US$11bn in dedicated freight funding over five years provided by the Fixing America’s Surface Transportation (FAST) act, only US$1.13bn is multimodal eligible.
Currently, US$200m of multimodal eligibility is left in the Infrastructure for Rebuilding America (INFRA) account.
At the moment, freight programs are funded out of the highway trust fund which means that eligible projects are primarily highway focused but AAPA argued that although highways are important to the freight network, ports are multimodal facilitators.
Earlier this year, the association identified more than US$20bn in multimodal needs for public port authorities alone over the next decade.
AAPA said that the next reauthorisation bill will need to address increasing funding needs and identify a multimodal funding source or sources in order to fully leverage the success of the FAST Act freight provisions.
It believes that all freight programme funding should be 100% multimodal and that a first step to accomplish this would be to lift the multimodal cap on the INFRA program.