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Mississippi River traffic under threat due to dredging costs

The U.S. Army Corps of Engineers said it is likely to run short of funds as early as next spring to fully dredge one of the nation's busiest waterways, potentially slowing the movement of key imports and exports and raising shipping costs.

From the Wall Street Journal:

The U.S. Army Corps of Engineers said it is likely to run short of funds as early as next spring to fully dredge one of the nation's busiest waterways, potentially slowing the movement of key imports and exports and raising shipping costs.

A loose coalition of shippers, state governments, port operators and farmers ... is pressing Congress to add tens of millions of dollars to the Corps' budget for fiscal 2011.

The Mississippi River is a major transportation route for American businesses and farmers to send and receive goods, but its mouth requires constant dredging...

To read the complete WSJ article, please go to: Crucial Trade Waterway Under Threat

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