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New York

PA plans $2B port improvements

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The Port Authority of New York and New Jersey has announced it will spend $2 billion to upgrade its seaports over the next 10 years. “During the past 10 years, our cargo volume has doubled and our rail volume has nearly tripled,” said Port Authority Chairman Anthony Coscia. Plans include the expansion of the Howland Hook Marine Terminal on Staten Island. more [Crain’s]