U.S. ports are getting a multimillion-dollar grants to upgrade their cargo handling infrastructure. The grants are part of the administration’s $21 billion commitment to modernize U.S. port infrastructure. The U.S. Environmental Protection Agency is also pitching in with funds for port improvements to combat truck idling. The U.S. Department of Defense is deepening some waterways on the East Coast to accommodate larger ships. Most of the ports on the East Coast are upgrading their capacity and infrastructure.
There are several objectives to the massive port upgrades taking place in the U.S., including:
- Reviving America’s declining industrial cities
- Addressing bottlenecks along the supply chain beyond the Port
- Increasing rail capacity which could help the companies working at the port move goods more efficiently
To read more, visit here.
