The ASCE’s Report Card for America's Infrastructure is a comprehensive assessment of US infrastructure, published every four years. The 2013 edition included the country’s ports and inland waterway systems for the first time.
ASCE's inaugural assessment noted that port authorities have planned over $46B in capital improvements between now and 2016.
It stated that while ports have made investments to improve terminal infrastructure, their connections to roads, rail, and water channels have suffered from inadequate federal funding.
The report also found that more dredging will be necessary to take advantage of higher trade capacity once the expanded Panama Canal opens in 2014.
US ports received a C grade from the ASCE, while the overall national grade was a D+ because America needs to spend $3.4 trillion on its infrastructure by 2020, the report concluded.
"The report card reiterates what other national and international studies have concluded - the neglected state of our nation's port related transportation infrastructure - including recent reports from the World Economic Forum, Building America's Future and the US Army Corps of Engineers, to name a few," said Dick Dodge, Port Commission chairman for the Port of Redwood City.
According to the US Army Corps of Engineers, maintaining existing levels of delay will cost more than $13B by 2020, while current funding levels are expected to be $7B during this period.