Entrepreneur pursues the road not taken

Posted by Al Lewis on July 17, 2011
Entrepreneurs

Every once in a while, I meet an entrepreneur with a solution so obvious, I have to stop and wonder why it isn’t being done already.

Manhattan real estate developer Percy Pyne is one of those guys.

Pyne, the founder of American Feeder Lines, wants to reopen the Marine Highway along America’s coastline from Halifax to Houston.

He says his service will ease truck traffic on the nation’s highways, reduce fuel consumption, ease carbon emissions and create tens of thousands of jobs.

America long abandoned short-haul shipping along its coasts, primarily because trucking had been more efficient. But with crumbling highways and rising fuel costs, Pyne says we’ll go back to moving things the way we used to.

After all, most of the nation’s great cities evolved along water ways.

“We started on the water, and we’ll go back to the water,” Pyne said.

Click here to read my column on Fox Business.