ILTA: Moving Forward into 2025

The International Liquid Terminals Association (ILTA) outlines what the terminals industry is watching for following the 2024 elections As with every American presidential election cycle, private industry waits with bated breath to see how the next four years will impact the national economy. In 2024, the bulk liquid terminals industry finds itself at a critical crossroads on several key policy matters affecting liquid logistics up and down the supply chain. With President Donald Trump set to re-enter the White House, the terminals industry will look for meaningful and bipartisan solutions on these topics. CFATS Enacted in 2007, the Chemical Facility Anti-Terrorism Standards (CFATS) governed terminal facility security protocol for over 15 years. The program, led by DHS CISA, was a core component of terminal operations, outlining how to properly handle and store bulk liquid products of national security interest. Unfortunately, in July 2023, Congress did not reauthorise the program, allowing its statutory authority to expire. Now, terminal facilities around the country are unsure how the government prefers industry handle these critical products, having to use the newly expired...