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WATERWAYS COUNCIL, INC. URGES CONGRESS TO ACT ON MODERNIZING WATERWAYS PROJECTS TO PUT AMERICANS TO WORK

News Release Waterways Council, Inc. September 9, 2011
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<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 12pt">ARLINGTON,
VA &#8211; Waterways Council, Inc. (WCI) President &amp;&nbsp;CEO Michael J. Toohey
has issued the following statement regarding last evening&#8217;s unveiling of
President Obama&#8217;s American Jobs Act</SPAN><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">.&nbsp; WCI and
its members support the Nation&#8217;s waterways and its infrastructure as a way to
create family-wage jobs and enhance reliability of this transportation system
that can help the President achieve his stated goal of doubling U.S. exports in
the next four years: </SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"></SPAN>&nbsp;</P>
<P
style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.5in; MARGIN-RIGHT: 0in"
class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">We appreciate
the President including inland waterways in his American Jobs Program.&nbsp;
Investment in the waterways will put Americans back to work to build and
modernize </SPAN><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 12pt">24
priority navigation projects that have been authorized by Congress.&nbsp;&nbsp;
In fact, the waterways industry has developed a funding proposal &#8211; The Inland
Waterways Capital Development Plan &#8211; to help pay for this through a user fee
that fairly distributes the cost of modernization of this vital transportation
system.&nbsp;&nbsp; With Congressional action these projects are ready to be
funded in the states of Ohio, West Virginia, Illinois, Kentucky, Pennsylvania,
Washington, Arkansas, Tennessee, Texas, Louisiana and Missouri.&nbsp;
</SPAN><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"></SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"></SPAN>&nbsp;</P>
<P
style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.5in; MARGIN-RIGHT: 0in"
class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">With a nearly
20% unemployment rate in the construction industry, investment in our Nation&#8217;s
aging inland waterways transportation infrastructure will employ Americans in
family-wage jobs for the next 20 years on these priority projects. </SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"></SPAN>&nbsp;</P>
<P
style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.5in; MARGIN-RIGHT: 0in"
class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">The construction
of more efficient locks and dams could also help continue to keep America
competitive in the world marketplace by increasing our exported products, a
natural boon to our economy and positive trade
balance.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"></SPAN>&nbsp;</P>
<P
style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.5in; MARGIN-RIGHT: 0in"
class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; LETTER-SPACING: 0.1pt; COLOR: #333333; FONT-SIZE: 12pt">The
President, who spoke at a Labor Day rally in Detroit, said, &#8220;There is work to be
done and there are workers ready to do it&#8230;Labor is onboard, business is onboard;
we just need Congress to get onboard.&nbsp; Let's put America back to
work.&#8221;</SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; LETTER-SPACING: 0.1pt; COLOR: #333333; FONT-SIZE: 12pt"></SPAN>&nbsp;</P>
<P
style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.5in; MARGIN-RIGHT: 0in"
class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; LETTER-SPACING: 0.1pt; COLOR: #333333; FONT-SIZE: 12pt">Indeed,
i</SPAN><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">nvesting in the
Nation&#8217;s waterways transportation infrastructure and&nbsp; the sectors and
systems that were once &#8211; and still remain -- the foundations for our country&#8217;s
growth, is a solution for increasing our exports and putting American workers
back on the job. </SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"></SPAN>&nbsp;</P>
<P
style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.5in; MARGIN-RIGHT: 0in"
class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">We stand ready
to work with Congress on a bi-partisan basis to keep America moving for the
long-term.</SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><B><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 14pt"></SPAN></B>&nbsp;</P>
<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">V<SPAN
style="COLOR: black">isit </SPAN></SPAN><A
href="redir.aspx?C=f30b46335d694c5783b58af6655f6126&amp;URL=http%3a%2f%2fwww.waterwayscouncil.org"
target=_blank><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">www.waterwayscouncil.org</SPAN></A><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"> </SPAN></P>
<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><B><SPAN
style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 14pt"></SPAN></B>&nbsp;</P>
<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><I><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: black; FONT-SIZE: 12pt">Waterways
Council, Inc. is the national public policy organization advocating a modern and
well-maintained national system of ports and inland waterways.&nbsp; The group
is supported by more than 250 waterways carriers, shippers, port authorities,
shipping associations and waterways advocacy groups from all regions of the
country.&nbsp; </SPAN></I><I><U><SPAN
style="FONT-FAMILY: 'Times New Roman','serif'; COLOR: blue; FONT-SIZE: 12pt"></SPAN></U></I></P>
<P style="LINE-HEIGHT: normal; MARGIN-BOTTOM: 0pt" class=MsoNormal><I><U><SPAN
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