Sep 17, 2024

Port authorities, such as in St. Joseph, make a big economic impact

Posted Sep 17, 2024 7:30 PM
Loading a barge with grain at the St. Joseph Port Authority/file photo
Loading a barge with grain at the St. Joseph Port Authority/file photo

By BRENT MARTIN

St. Joseph Post

Missouri has added two more port authorities to the 17 it already had, adding to the communities attempting to make the most out of an ancient transportation hub:  the Missouri and Mississippi Rivers.

Administrator of Freight and Waterways for MoDOT, Levi Woods, says upgrades made to the infrastructure of the Missouri River channel by the Army Corps of Engineers have made that notoriously difficult river more navigable.

“I think the reliability has been some of the concerns of the shippers on the river,” Woods tells KFEQ/St. Joseph Post. “The work they’re doing to increase resiliency, I think, is much appreciated by the navigation community.”

Woods says ports, such as the St. Joseph Port Authority, have a big impact on the state economy.

“Missouri public ports support nearly 290,000 jobs annually in the state of Missouri,” according to Woods. “That results in roughly $15.7 billion in labor income and over $100 million in annual economic activity.”

Port authorities and the barge traffic they support has a bigger impact on the Missouri economy than most people think.

“And also, approximately 34% of Missouri’s economy, one out of every 10 jobs in Missouri, is supported by Missouri ports,” Woods says.

Barge traffic on the Missouri and Mississippi Rivers makes a difference.

“So, as those economic impact study numbers show, it does have an effect on Missouri’s economy,” Woods says.

Barge traffic also has an indirect impact by providing an alternative to rail traffic, which helps to keep transportation costs lower.

Woods says the state is undergoing an extensive study on the economic impact of Missouri port authorities and hopes to have updated numbers by the end of the year.

You can follow Brent on X @GBrentKFEQ and St. Joseph Post @StJosephPost.