This report presents the results of studies to determine the feasibility of a multi-purpose public dock facility for handling freight on the Ohio River near Portsmouth in Scioto County, Ohio. The prospective service area of a public dock near Portsmouth includes south central Ohio and northeast Kentucky. This service area does not contain any major industrial complexes other than those located along the Ohio River most of which operate private single-purpose dock facilities. Prospective freight for the proposed dock facility is estimated to be concentrated about products produced or consumed in the immediate Portsmouth-New Boston industrial area. A large part of the freight traffic that could be handled by a public dock facility near Portsmouth is presently handled by private facilities in the area. Without diversion of freight traffic from these private facilities, prospective tonnages are not sufficient to support the installation and operation costs of the proposed dock. Project cost is estimated at $500,000 and an additional $20,000 is required for working capital. A benefit-cost comparison yields a benefit-cost ratio of 0.57. However, if Detroit Steel Company closes its dock facilities and diverts its river traffic through the proposed project, a benefit-cost ratio exceeding 1.42 and a viable dock operation can be assured. (Author)
Report on Ohio River Public Dock for City of Portsmouth and Scioto County, Ohio Region
1964
65 pages
Report
Keine Angabe
Englisch
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