The inland waterway system of the United States, operated by the U.S. Army Corps of Engineers, includes 12,000 miles of commercially navigable rivers, canals and other waterways, and 240 locks. This system, which includes the Mississippi, Ohio, Columbia-Snake River systems and the Gulf Intracoastal Waterway, allows barges to transport cargo among 21 states. For bulk cargoes, barges are not only more fuel efficient than trucks and trains, but have fewer societal impacts as well. Yet, perhaps because the waterways are a rather hidden infrastructure, making the case for increased funding can be a challenge. How do we go about placing a value on this essential part of the infrastructure, and communicating this value to the public and decision-makers? The hosts discuss this topic with Bruce Lambert, Executive Director of the Institute for Trade and Transportation Studies, a multistate research institute – an economist whose prior position was as Senior Economist with the U.S. Army Corps of Engineers’ Institute of Water Resources