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Ports, Railroads, Trucking Firms Recovering From Storm Damage; New Orleans' port will run at 30% level soon; rebuilding may lift rail.(A)

Investor's Business Daily

| September 12, 2005 | COPYRIGHT 2003 Investor's Business Daily, Inc. (Hide copyright information)Copyright

Byline: LAURA MANDARO

New Orleans' key shipping and transportation infrastructure is getting back on its feet, easing concerns of drags on the national economy and quickly overtaking the city's own reconstruction.

By Friday, 15 to 25 commercial vessels a day were passing through the Port of New Orleans to pick up cargo from grain elevators further up the Mississippi River. One terminal operator had stevedores waiting for a free barge to come by so they could offload a steel shipment; it would be the port's first commercial load since the storm.

The port hopes to have some of its biggest container terminals open by midweek. In a month, cargo volume should reach 30% of normal, and in three months 75%-80%, said …

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