Early last month, the Biden-Harris administration announced that the Bipartisan Infrastructure Deal passed into law this fall will help to improve supply chain shipments to and from American ports.
The legislation, the largest single federal investment in U. S. ports in our country’s history, dedicates $17 billion in federal funds to shore up infrastructure at coastal and inland ports and waterways, as well as ports of entry along U. S. borders.
According to an announcement by the administration, the funding and resulting resources will provide near-term assistance and make long-term investments to strengthen supply-chain operations. This infrastructure investment will also create American jobs, the report said.
Impending measures include:
- Support for solutions to current supply chain disruptions by allowing flexibility in port grants. The U.S. Department of Transportation will allow port authorities across the country to redirect project cost savings toward tackling supply-chain challenges.
- Alleviating congestion at the Port of Savannah by funding the Georgia Port Authority pop-up container yards project. The Port of Savannah leads the nation in containerized agricultural exports.
- Launching programs to modernize ports and marine highways with more than $240 million in grant funding.
Click here to read the full story from Joseph Healy in Trade Only Today.
