Seaports Magazine - Winter 2015 - (Page 8)

» FROM THE PRESIDENT'S DESK Planning Now to Succeed in the Future By Kurt J. Nagle President & CEO American Association of Port Authorities I n AAPA's 2015 The State of Freight report, AAPA's U.S. members identified $28.9 billion in needs to handle 2025 freight volumes for the nation. This is a daunting number, and one that represents only a portion of the hemispheric needs of AAPA's port members. Simply put, ports do not have the resources to pay for everything they need out of pocket. Nor should they have to, as robust transportation infrastructure is a government interest in countries, states, provinces, counties and municipalities throughout the Western Hemisphere. But even the resources of ports and governments are not enough to bridge the funding gap. Private partners must also be part of the solution of providing 21st century infrastructure to handle growing cargo volumes. This issue of Seaports magazine is devoted to capital planning for the future - an exercise that requires diligence, creativity, patience and meticulousness by ports that are working to ensure that they are ready for what is coming their way. Financing and budgeting for the long term has become increasingly complicated for ports, as aging infrastructure such as bridges and tunnels comes head to head with constrained coastal land and growing population centers. The price tag of huge projects continues to grow, and expectations about port performance and efficiency are driving up the demands on marine terminal infrastructure. And yet, as public agencies, ports cannot make capital planning decisions unilaterally. By the very nature of their role within local and national governments, they must have a collaborative attitude and an open process that seeks a win for all parties at the table. 8 AAPA SEAPORTS MAGAZINE The ports that are positioning themselves for success in the future are those that are using strategic planning to guide their decision making. Seeking to stay ahead of congestion and constraint, ports are employing sophisticated models that help them figure out the best way to thrive for years to come. Not content to react to what is happening to them and around them, these ports are making capital plans that they hope will create the future they seek - bringing in the customers they believe they could gatherings this fall - the 104th AAPA Annual Convention in Miami, Fla., and the XXIV Latin American Congress of Ports in Arica, Chile. These two meetings brought together AAPA members and industry partners to discuss ports' most pressing needs, and infrastructure investment and capital planning were prominent topics at both events. AAPA member ports have a great deal of wisdom and insight to share on this topic, and our sustaining members bring resources to bear on this front as Seeking to stay ahead of congestion and constraint, ports are employing sophisticated models that help them figure out the best way to thrive for years to come. best serve, diversifying their business lines to reduce risk for the future and ensuring financial security for the good of their communities and stakeholders. Port commissions and governing boards play an interesting role in this process. All boards provide strategic decision-making and leadership for the port, but the most successful boards will trust that they have highly competent staff fleshing out the details of land use, transportation planning and capital investments for the good of the organization. Many AAPA member ports have figured out the best role for governing bodies in the larger role of the port and can serve as models for those ports that have new leaders at the board level, the executive level, the senior staff level or some combination of all three. Capital planning was a hot topic at two of our industry's most important well. AAPA has partnered with sustaining member Parsons Brinkerhoff and the U.S. Maritime Administration on a Port Planning & Investment Toolkit that helps ports plan, fund and execute critical repair and project upgrades. This is an ongoing collaboration that has just entered its second phase (project planning and feasibility) and will continue to bear fruits for AAPA members. The results will be shared at the AAPA Infrastructure Development and Financing Seminar to be held March 9-10, 2016 in San Diego, Calif. I hope this issue of Seaports magazine serves as both resource and inspiration for ports throughout the hemisphere. The challenges ports face in capital planning are not unique, and AAPA's members can learn from each other the solutions to provide the necessary infrastructure to handle growing freight volumes. ●

Table of Contents for the Digital Edition of Seaports Magazine - Winter 2015

AAPA Headquarters
From the President’s Desk
Expanding Capacity, Increasing Budgets
Navigating Cities, Counties and States
104th AAPA Annual Convention
Strategically Planning for Success
Stick to the Plan
AAPA XXIV Latin American Congress of Ports
Guarding Our Nation’s Ports Against Potential Threats
Keys to Success for Port Capital and Financial Planning
Port Game an Educational Tool – and Fun for All Ages
Port Planning and Investment Toolkit a Go-To Resource
Index of Advertisers

Seaports Magazine - Winter 2015