Analysis of U.S. Public Port Profitability and Self-Sufficiency (1985-1994)
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1997-06-01
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NTL Classification:NTL-MARINE/WATERWAYS TRANSPORTATION-Marine Economics and Finance
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Abstract:This is the fourth report published by the Maritime Administration (MARAD) analyzing various factors related to public port financing in the United States. The first report was published in June 1974, and the second in June 1985. The third report, Public Port Financing in the United States (the 1994 Report), was a joint undertaking with the American Association of Port Authorities (AAPA) and was published in July 1994. The 1994 Report generated great interest in the port industry. It included methodologies to define public port profitability and self-sufficiency. Although rich in information, the profitability analysis was based only on the five-years 1988-1992 and was based solely on port regions. This report further analyzes public port profitability for the ten-year period 1985-1994 and evaluates profitability by port region, size (based on gross operating revenue and net investment in plant, property, and equipment), type of operation, type of governmental agency, and extent of planning. The financial data were taken from the annual port finance survey reports compiled by AAPA. Other information was provided by a special survey conducted for the 1994 Report, the 1994 Report itself, and updates of the survey.
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