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Coast Guard and Army Corps of Engineers officials estimated that the closure of the lock, through which 73 million tons of cargo typically passes each year, stood to cost the shipping industry $2 million to $3 million a day in lost revenue. The senators noted that the Mississippi is the backbone of the nation's waterway transportation system, accounting for $12 billion worth of products shipped each year, including more than a billion bushels of grain to ports around the world. "This efficient river transportation is of utmost importance to the nation," they wrote. "Addressing the infrastructure needs of our inland waterways system is of significant national interest." The senators said the river's locks-and-dam network is "in desperate need of modernization," with many of the older locks stretching 600 feet in length, only half the expanse of most current barge tows.
[Associated
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