Biden Invests More Than $653M to Strengthen American Supply Chains
The U.S. Department of Transportation’s (DOT) Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port Infrastructure Development Program (PIDP).
“Everything from the food we eat to the cars we drive to the lumber and steel used to build our homes passes through America’s ports, making them some of the most critical links in our nation’s supply chain,” said U.S. Secretary of Transportation Pete Buttigieg. “These investments will help expand capacity and speed up the movement of goods through our ports, contributing to cleaner air and more good-paying jobs as we go.”
According to DOT, the PIDP improves port and related freight infrastructure to meet the nation’s freight transportation needs. The program provides planning support, capital funding, and project management assistance to improve capacity and efficiency of ports in both urban and rural areas. Awards announced today include more than $172.8 million for 26 small ports to continue to improve and expand their capacity to move freight reliably and efficiently, thereby boosting local and regional economies while protecting surrounding communities from air pollution.
