Thursday, March 24, 2016

The U.S. Isn’t Ready for Something That Could Drastically Change the Global Economy

Foreign Policy: "In practice, however, East Coast ports simply aren’t ready for the massive ships the canal can soon let pass; they aren’t deep enough. Dredging projects in Norfolk and Charleston, S.C., are behind schedule; the latter isn’t expected to be completed until 2020. And the raising of the Bayonne Bridge roadway, a $1.3 billion project that is key to the Port Authority of New York and New Jersey’s efforts to attract larger ships, isn’t expected to be done until next year. And much of the rail and highway infrastructure to move more containers away from the coast is not yet in place."