摘要: |
With the passage of the Infrastructure Investment and Jobs Act late last year, some $2.5 billion of federal funding was designated for new construction and major rehabilitation projects along the inland waterways-navigation projects that are itemized in the U.S. Army Corps of Engineers' Capital Investment Strategy (CIS). Besides that, an additional $4 billion in the bill was allocated for the Corps' operations and maintenance account. That historic and highly anticipated infrastructure spending, plus a focus on environmentally conscious transportation and supply chain disruptions, makes this a significant moment that could drive the momentum that will carry domestic marine transportation to new heights for decades to come. The towboat and barge industry is also facing a major milestone this summer with the conclusion of the four-year phase-in period of Subchapter M. On July 10,100 percent of the U.S. towboat fleet is expected to be in full compliance and fully certificated according to Subchapter M's towing vessel regulations. |