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Transportation Department Granting $450 Million to US Ports to Ease Supply Crisis

By Bryan Jung

 

The U.S. Department of Transportation’s Maritime Administration on Feb. 23 said that American ports facing backlogs will be given access to $450 million from the Biden Administration’s $1 trillion infrastructure act, as part of the White House’s attempts to ease the supply chain crisis and lower prices for consumers.

The supply chain bottlenecks have slowed the flow of goods to store shelves and have pushed up costs throughout the world.

“We’re proud to announce this funding to help ports improve their infrastructure—to get goods moving more efficiently and help keep costs under control for American families,” Transportation Secretary Pete Buttigieg said.

 

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