Obama's budget for ports shocks Georgia, thrills Jacksonville

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The race to prepare US east coast ports to handle the bigger ships that are likely be coming their way once an expanded Panama Canal opens for business took an interesting turn this week. The announced federal port development budget was most notable for an almost-complete absence of reference to the port of Savannah, which was expecting to see its application for $625m to dredge a 30-mile stretch of the Savannah River given the green light. Georgia’s loss would appear to be Florida’s gain…