US Department of Transportation Announces Action Plan to Accelerate Investments in our Ports, Waterways and Freight Networks
Plan is latest step in ongoing Biden-Harris Administration efforts to address global supply chain challenges
WASHINGTON – As part of the Administration’s ongoing efforts to address disruptions to the global supply chain, and on the heels of the passage of the President’s Historic Bipartisan Infrastructure Plan, the Biden-Harris Administration today announced a Port Action Plan. This plan is a set of concrete steps to accelerate investment in our ports, waterways, and freight networks. These goals and timelines will mobilize federal agencies and lay the foundation for successful implementation of the historic Bipartisan Infrastructure Deal. This action plan will increase federal flexibilities for port grants; accelerate port infrastructure grant awards; announce new construction projects for coastal navigation, inland waterways, and land ports of entry; and launch the first round of expanded port infrastructure grants funded through the Bipartisan Infrastructure Deal.
Ports represent a critical link in the United States economy and economic competitiveness. An investment in ports and waterways will result in direct benefits for the American people by relieving supply chain congestion, creating good-paying jobs and strengthening long-term supply chain resiliency. The BID invests $17 billion into modernizing infrastructure at ports and waterways, making it the largest federal investment in ports in US history.
The action plan can be viewed here.
More information on the Administration’s actions to address the supply chain can be viewed here.