Excerpts from the Journal of Commerce:

[T]he troubles at the Virginia marine terminals and the aging infrastructure both on- and off-port are not so much the product of local inadequacies, but federal incompetency, Port Director and CEO John Reinhart said Thursday.

“These aren’t local problems, these are symptoms of growth without the necessary infrastructure,” Reinhart said Thursday at the Virginia Maritime Association’s International Trade Symposium. “This is a national problem. Our nation has not invested.”

President Obama’s $915 million budget request for U.S. ports this year is just a fraction of the American Association of Port Authorities’ estimated necessary investment.

More at the JOC