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06 December 2019 The on-line newspaper devoted to the world of transports 19:34 GMT+1

May 6, 2009

Tax money diverted from port maintenance

By Nathaniel Lukefahr
The Facts

FREEPORT - Domestic seaports provide millions of jobs and infuse the economy with billions of dollars, but local and national port officials say constraints placed on the industry at the federal level have them losing ground to foreign competitors.
Occupants of every U.S. port are subject to the Harbor Maintenance Tax, which was created by Congress in 1986 to make money the U.S. Army Corps of Engineers can use to maintain navigation channels. The amount is based on how much tonnage is brought into ports ......
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