Raise Grants for Port Infrastructure Worth Over $48.4 Million
The American Association of Port Authorities (AAPA) happily announced $48.4 million worth of funding through the 2024 Rebuilding American Infrastructure with Sustainability and Equity (RAISE) award program.
According to MariTime Logistics, “These port infrastructure projects will reap significant benefits to our nation’s supply chains and potentially transformational impacts locally,” stated AAPA President and CEO Cary S. Davis. “Our ports extend a heartfelt thanks to Congress, the USDOT, and all the stakeholders involved in awarding these vital funds.”
“After decades of underinvestment, the condition of America’s infrastructure is now finally getting better instead of worse – and today we proudly announce our support for 148 more projects in communities of every size across the country,” said U.S. Transportation Secretary Pete Buttigieg.