The MTS: A Disaster in the Making

Panneton, John A.
May 2006
Sea Power;May2006, Vol. 49 Issue 5, p3
The article discusses the lack of adequate funding for the development of Marine Transportation System (MTS) in the U.S. Seven years ago, the federal task force held a seminal assessment for the MTS, but nothing happen on the declining condition of MTS because the federal provides greater funding to the nation's highway and aviation. Panneton calls for the reformation of investment priorities for the improvement of MTS.


Related Articles

  • Shippers Can't Stop Long Beach Fund Skimming. Greenberg, David // Orange County Business Journal;05/07/2001, Vol. 24 Issue 19, p11 

    Reports on the obstacle in the efforts of shipping companies in Long Beach, California to stop the city from shifting some of its port's revenue to its general fund. City charter's allowing of fund diversion; Financial situation of the port.

  • Lakes Trade Sinks While Dredging Delayed.  // DPC: Dredging & Port Construction;Nov2009, p4 

    The article reports on the impact of the lack of federal funding on the dredging program in the U.S. According to the Lake Carriers Association (LCA), very shallow channels and harbors have caused the reduction of Great Lakes shipping volume. The association adds that the U.S. Army Corps of...

  • Aircraft, Container Operating Assets Float Higher. Bella, John; Sohl, Brad // Asset Securitization Report;Nov2013, Vol. 13 Issue 11, p6 

    In this article, the authors focus on the performance of operating lease securitizations for shipping containers and aircraft in the U.S. as of 2013. They inform that the performance of lease operations depends on three factors including utilization rates, lease rates, and asset values and these...

  • THE ECONOMY'S FALSE POSITIVE. Gardner, Dan // Journal of Commerce (1542-3867);7/2/2012, Vol. 13 Issue 24, p62 

    The article looks at the difficult economic environment in the U.S. and the challenges facing ocean carriers in the trans-Pacific eastbound trade in 2012. A survey of consumer finances from the Federal Reserve revealed that the median net worth of American families declined by 39 percent between...

  • Gulf ports prevail in a rate battle, but war is not yet over. Darce, Keith // New Orleans CityBusiness (1994 to 2008);2/12/96, Vol. 16 Issue 32, p14 

    Reports that the rate war between steamship companies in the Gulf of Mexico has increase business at the Port of New Orleans, in Louisiana. Decline in cost of shipping cargoes between New Orleans and Central America; How the war began; What prompted the rate conflict; Comments from Keith...

  • Gulf forwarders, brokers to join New Orleans in FMC complaint against LASSA rate bias. Brennan, Terry // Traffic World;8/28/95, Vol. 243 Issue 9, p36 

    Reports that freight forwarders and customs brokers at several Gulf ports have joined the Port of New Orleans in a complaint filed at the Federal Maritime Commission about the Latin American Shipping Service Association's (LASSA) rates that favor South Florida ports. Rate differentials on...

  • New shipping conference moves to end rate war to Central America with price hike. Brennan, Terry // Traffic World;4/4/94, Vol. 238 Issue 1, p50 

    Reports on actions taken by the Latin American Shipping Services Association to stem rate wars. Increase of freight-all-kind (FAK) rates; Intimidation of conference carriers by the southbound movements of fresh fruit reefer carriers; Overtonnage of market; Desire of rate stability.

  • Pacific shippers may appeal inspection fees.  // Traffic World;2/13/95, Vol. 241 Issue 7, p48 

    Reports on the Pacific Merchant Shipping Association's (PMSA) move to determine whether their group should appeal a California appeals court decision requiring international ocean carriers to pay for state agricultural inspections. Details of the court decision; PMSA's claim that the state...

  • New conference seeks to restore stability to Central American shipping lanes. Brennan, Terry // Traffic World;2/7/94, Vol. 237 Issue 6, p32 

    Reports on the establishment of the Latin American Shipping Association to address the rate war in the region's shipping lanes. Replacement of the Central American Line Association; Members of the association; Association's possible capture of majority of the shipping trade's market share in the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics