b'26American Journal ofTransportation ajot.com(OUTLINEScontinuedAs a result of this growth,nomic value stream is ongo- portfinancingandjeopar- Day statement in opposing to from page 8) theregionsmaritimefacili- ingthe continuing activitiesdizingexistingprogramsthe President Trumps offshore ThePortsroleindriv- ties handled: of the Port Industry generateparticularlyenvironmen- windpolicies,andaskingthe ingeconomicprosperityhas Nearly 8.7 million TEUs andsustainsjobandreve- talprograms.Thelegisla- administrationtoupholdall beenmadepossiblethrough Over 410,000 vehicles nues. As those activities growtionmodifiesandincases,offshore wind permits already thesignificantmultimodal Nearly 68,000 tons of break- andevolve,theeconomicvoidsfundsawardedundergranted and allow these proj-investmentspast,present,bulk cargo and 36.1 millionvaluegeneratedreflectsthetheInflationReductionActects to be constructed.andplannedfromboththetons of bulk cargo new conditions. The substan- (IRA). Further funding underHowiteventuallyall publicandprivatesectors.331cruisevesselsandtialinvestmentsmadeoverthe Diesel Emissions Reduc- worksoutislikelyyears These investments, along withnearly 2.4 million passengers the last five years and antic- tion Act (DERA) to fund portawaybut,inthemeantime, strongcollaboration,coordi- These extraordinary num- ipatedtooccurinthenextequipment,suchasdrayagePANYNJ looks to continue to nation,andcommunicationbersunderscorethePortoffive years support the ongo- trucks, electric trucks, gantrywork to keep the Port of New amongthePortspartners,New York and New Jerseysing operations and continuingcranes and electric yard trac- York/NewJerseythedomi-customers, and suppliers, havecritical role as a cornerstoneeconomic value. tors are also at risk of beingnant port on the East Coast.enabled the Port to grow andof the regional economy, sup- cut.ProgramslikeDERA sustainitspositionasakeyporting580,000jobs,gen- PANYNJ uses for funding its internationaltradegateway,eratingbillionsinincome,(BIGcontinued fromTruck Replacement Program.(WHAMMYcontinued saidAnneStrauss-Wieder,anddrivingsignificanttaxpage 10) TheTrumpAdministrationfrom page 21)SeniorFreightandLogisticsrevenuesthatbenefitcom- York through 2047, and Porthas also taken aim at elimi- long-termquestionis,how ResearcheratRutgersCAITmunities across three states,NewarkContainerTermi- nating offshore wind projectscanthesefeesbecovered? and a Lecturer at the EdwardsaidBethannRooney,Portnal through 2050.like Arthur Kill Terminal, anTheforeigncarmanufac-J.BlousteinSchoolofPlan- DirectoratthePort Author- offshorewindportinNewturershavebegunmoving ning and Public Policy. ityofNewYorkandNewT hea STeriSk in2025 York, for which $48 millionsomeportionofthetariff Jersey. This scale of impactInearlyFebruaryatthein Port Infrastructure (PIDP)costs downstream to the US P orTS uPPorTSo ver isonlypossiblebecauseStateofthePortmeetingfunding had been designated.consumersalthough there 300,000 J obS oftheuniquecollaborativePANYNJsPortDepartmentWiththedifficultiesemerg- has been a mixed approach to Accordingtothestudy,spiritwevebuiltwithpart- said they had identified stra- ing from the administrationsraising car prices by the var-thePortIndustrycurrentlyners across the supply chain.tegic goals for the next fivepositiononportfunding,ious foreign car manufactur-employs277,800workersTogether,weveprovenouryearsandthattheywerethere has already been a shifters early at this stage. and supports another 302,200ability to adapt to new chal- almost through the first phasein the thinking among manyBut the levy on a ship call indirect and induced jobs lenges while continuing to layof the new Port Master Plan.portauthoritiestoatleastisabitdifferentandimpacts anincreasewhencomparedthefoundationforabusier,While many of the goals con- in the short term shift moretherelationshipbetweenthe to the 563,700 jobs supportedmore resilient, and more sus- tained within the Port Masterinfrastructurefundingfromcarriers and their car manufac-by Port operations in 2022. tainable future at the port. Planareobtainablewithingrant-based programs to P-3turing clients. How these costs The growth of the NewIt is important to note thetheoperatingframeworkof(public-private-partnerships).will be absorbed is still an open York- New Jersey Port Indus- economic impact assessmentPANYNJ, other segments ofIn a highly unusual showquestion as is why the Ro/Ro try continues to be the fuel thatof 2024 activities in the Newthe plan require support andof unity, state governors Kathysector was targeted in the first drives the economic engine ofYork-New Jersey Port Indus- cooperation from the FederalHochul,NewYork,Gover- place. As Abbott pointed out in theregion,generatingovertry provides a snapshot of thegovernment and that supportnor Phil Murphy, New Jersey,March and is even more rele-16,000additionaljobscom- contributionsmadebytheis no longer a given.Governor Maura Healey, Mas- vant today, Dont punish car-pared to our 2022 report, saidNewYork/NewJerseyPortTheTrumpAdminis- sachusetts,Governor,Nedriers and Americans exporters John Nardi, President of Ship- Industry, as measured in jobs,trationsOneBigBeau- Lamont, Connecticut and Gov- who have followed every rule ping Association of New Yorkpersonal and business incometifulBillAct,signedinernorDanMcKee,Rhodeand regulation for commercial and New Jersey. andtaxrevenues.Thiseco- July, is significantly alteringIsland,issuedajointLabordecisions made in the past.were on the wayNo matter where you find yourself on your fuels journey, Chevron can work with you. 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