Category Archives: In The News

U.S. Maritime Workforce Grows to 650,000

U.S. Maritime Workforce Grows to 650,000

U.S. Maritime Workforce Grows to 650,000 Americans in Booming Jobs Economy

Jones Act industry contributes over $150 billion annually to nation’s economy

WASHINGTON – Following last month’s news of 304,000 U.S. jobs created in January, Transportation Institute (TI), a leading maritime association which advocates and works for sound national maritime policy in the United States, today announced a 30% increase in domestic maritime job creation enabled by the Jones Act. Thanks to the law, the industry now employs nearly 650,000 Americans across all 50 states and contributes $154 billion to the nation’s economic growth annually.

The Jones Act, an anchor for U.S. economic and national security interests, guarantees that the transportation of merchandise between two U.S. points is carried out by American– built, owned, and crewed vessels. Supported by broad bipartisan majorities in Congress and top U.S. national security officials, the law promotes the maintenance of the nation’s vitally important maritime industrial base, ensuring that American jobs are not shipped overseas and that defense capabilities and readiness not outsourced to foreign nations.

Mirroring unprecedented U.S. job growth and enduring low unemployment rates seen in recent months, a newly released study published by PricewaterhouseCoopers (PwC) for the Transportation Institute affirms the impressive economic benefits of the domestic maritime industry. Specifically, the report finds that the Jones Act-enabled maritime industry:

  • Contributes more than $154 billion in total economic output annually
  • Creates $41 billion in labor income for American workers each year
  • Adds $72 billion annually to the value of U.S. economic output
  • Sustains nearly 650,000 American jobs, with one shipyard job creating four jobs elsewhere in the economy

“From shipyards to the high seas, the maritime industry is indisputably contributing to the American economy in a major way,” said James L. Henry, Chairman and President of the Transportation Institute. “This new study shows the spectacular impact that our industry has on our nation’s overall well-being, especially by providing livelihoods to 650,000 hard-working Americans, thousands of whom proudly served in our military. We simply would not be as strong as we are without the veteran community, and it’s a source of great pride that our growth is benefitting them and their families. Needless to say, the report underscores just how indispensable the Jones Act continues to be for the security and prosperity of our entire country.”

The 40,000 vessels that comprise the Jones Act fleet move nearly one billion tons of cargo annually or roughly a quarter of the nation’s freight along U.S. internal waterways, across the Great Lakes, and over the oceans to Hawaii, Alaska, Puerto Rico, and the U.S. territories. Shipped goods include a variety of products, from raw materials and commodities like coal and crude oil to consumer products that fill the shelves of grocery stores nationwide.

Encompassing jobs in all 50 states, and the District of Columbia, the Jones Act workforce represents a variety of career paths, including employees who are military veterans and earn family-waged salaries. Collectively, this industrial base accounts for $41 billion in American labor income annually.

In a growing economy where job creation continues to flourish at historic levels the Jones Act remains the quintessential ‘Buy American, Hire American’ law, one that puts American workers first and is critically important for guaranteeing our national security and maintaining our defense industrial base.

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About Transportation Institute

Transportation Institute (TI) was established in 1967 as a Washington-based, non-profit organization dedicated to maritime research education and promotion. The Institute participates in all phases of the nation’s deep-sea, foreign and domestic shipping trades, and barge and tugboat operations on the Great Lakes and on the vast network of America’s inland waterways. Many member company vessels are contracted to the U.S. military services. All are of U.S. registry — crewed by American citizens operating under the world’s highest safety standards, and proudly flying the American flag. With offices on the East and West coasts, Transportation Institute supports a wide range of programs that promote the strength of America’s capability.

Media Contact: Anna Stallmann – 202-660-2567, Anna @ nahigianstrateiges.com

 

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TI Announces New V.P. for Government Affairs: Sara Fuentes

TI Announces New V.P. for Government Affairs: Sara Fuentes

Transportation Institute Announces Maritime and National Security Expert Sara Fuentes as New Vice President for Government Affairs

WASHINGTON (October 15, 2018) – Transportation Institute (TI), a leading maritime association which advocates and works for sound national maritime policy in the United States, today announced that longtime maritime and national security expert Sara Fuentes has joined its team as Vice President for Government Affairs. Ms. Fuentes will oversee the group’s efforts to educate stakeholders in Washington, DC, and across the nation on the importance of a strong U.S.- flagged maritime industry.

“Transportation Institute is gaining an experienced advocate for the men and women who live and work in American maritime with Sara Fuentes,” said Jim Henry, Chairman and President of Transportation Institute. “A well-respected representative on Capitol Hill with vast knowledge of all the sea services, she will work to ensure the maritime industry’s ideas and interests, including its contributions to promoting the nation’s economic and national security interests, are at the forefront of many of the decisions that are made everyday in Washington, DC.”

Ms. Fuentes comes to Transportation Institute with more than a decade of experience in the maritime industry, most recently serving as staff Vice President of Government & External Affairs with the Navy League of the United States. In this position, she led the revitalization of the association’s legislative affairs program and expanded the Navy League’s presence on Capitol Hill and with maritime stakeholders across the country. She was recently honored by the Washington, D.C. chapter of the National Naval Officers Association (NNOA) for her work to promote the goals of NNOA within the Navy League and strengthen the partnership between the two organizations.

“Working closely with Capitol Hill leaders, I hope to continue to be a strong advocate for this vibrant industry that supports more than 500,000 American jobs while also ensuring that Congress is aware that every corner of our country is dependent on maritime and our American- flagged carriers,” said Ms. Fuentes. “I’m thrilled to be representing the men and women of American maritime who are absolutely essential to our nation’s security.”

In her 13 years of service in the maritime and defense industries, Ms. Fuentes has also volunteered her time for national organizations such as the Women in Aerospace as well as serving on the national board of the National Audubon Society.

Ms. Fuentes earned her master’s degree in Security Policy Studies from the George Washington University Elliott School of International Affairs, and graduated cum laude from Princeton University with a degree in Politics and a certificate in Women & Gender Studies.

About Transportation Institute

Transportation Institute (TI) was established in 1967 as a Washington-based, non-profit organization dedicated to maritime research education and promotion. The Institute participates in all phases of the nation’s deep-sea, foreign and domestic shipping trades, and barge and tugboat operations on the Great Lakes and on the vast network of America’s inland waterways. Many member company vessels are contracted to the U.S. military services. All are of U.S. registry — crewed by American citizens operating under the world’s highest safety standards, and proudly flying the American flag. With offices on the East and West coasts, Transportation Institute supports a wide range of programs that promote the strength of America’s capability.

Media Contact: Danielle Hagen: (202) 365-6112, [email protected]

Transportation Institute Applauds Nomination of Sec. Chao

Transportation Institute Applauds Nomination of Sec. Chao

For Immediate Release

Transportation Institute applauds the nomination of Elaine L. Chao as the United States Secretary of Transportation. Secretary Chao brings a wealth of crucial experience to the job, including her service as Secretary of Labor, Deputy Secretary of the U.S. Department of Transportation, Chairwoman of the Federal Maritime Commission, and Deputy Administrator of the Maritime Administration.

Secretary Chao is an ally of the American maritime industry. She recognizes and values our critical role in U.S. national, economic, and homeland security. We look forward to working with her again.

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Transportation Institute was established in 1967 as a Washington-based, non-profit organization dedicated to maritime research, education, and promotion. The Institute’s member companies participate in all phases of the nation’s deep sea, foreign, and domestic shipping trades. Many are contracted to the U.S. military services. All are of U.S. Registry – manned by American citizen-seamen, operating under the world’s highest safety and environmental standards, and proudly flying the American flag.

Maritime News Clips

Maritime News Clips