The expansion of the Panama Canal is often referred to as a game-changer for global trade. The extent of the impact of Panama Canal expansion will depend largely on how U.S. ports and inland transportation providers invest in improvements to their infrastructure. With 65% of the canal’s tonnage either departing from or arriving to ports inside the U.S., it comes as little surprise that the canal’s expansion has prompted significant investments as port cities race to upgrade infrastructure in order to maintain competitiveness. Since 2009, the federal government has directly invested more than $400 million in infrastructure projects at 33 U.S. ports in 22 different states through the Transportation Investment Generating Economic Recovery (TIGER) program alone, all to improve the condition, efficiency and capacity of the nation’s ports— including roads, rail and waterside corridors that connect them with producers and consumers.
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