Page 42: of Maritime Logistics Professional Magazine (Jul/Aug 2018)
Port Infrastructure & Development
The opening of Olmsted will represent true modernization on the inland waterways and will provide reliability and operational consistency that commercial carriers and shippers have waited a long time for.
– Deb Calhoun,
Senior Vice President, Waterways Council, Inc.
funding and policy shifts paid off. Work on Olmsted had been plagued by unpredictable and intermittent funding – some- times work was deliberately slowed or delayed because of money issues. Once predictability was set, the project’s sched- ule smoothed out. Since the 2012 PACR, the Corps points out that Olmsted has stayed within the time and budget constraints of this critical reset. The PACR ceiling was $3,099,000,000.
The 2016 total estimated cost: $3,059,266,000.
Around the Next Bend in the River
After 30 years, project fatigue