The inland waterways are enjoying a healthy infusion of federal support for building and maintaining an aging lock and dam system, but unprecedented Midwest flooding and an ongoing trade war with China are taking a toll on river transportation, the head of the Waterways Council Inc. said on Monday.
As a result of a formula change made by Congress in 2014 to the Inland Waterways Trust Fund (IWTF), which covers the cost of new infrastructure spending on the rivers, more money has become available...