Home Home Decor Biden Administration announces initiatives to allay supply chain issues at U.S. ports

Biden Administration announces initiatives to allay supply chain issues at U.S. ports

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Washington – From funding pop-up container yards in Georgia to calling in the U.S. Army Corps of Engineers, the Biden Administration is planning immediate investments to ease supply chain congestion.

Announced this morning, the series of near-term projects address U.S. ports, waterways and freight networks through a series of grants and direct investments.

Among the actions outlined in the Administration’s fact sheet on the initiatives:

  • Funding the Georgia Port Authority pop-up container yards project, which will allow the port in Savannah to reallocate more than $8 million to convert existing inland facilities into five pop-up container yards in Georgia and North Carolina. The effort is designed to free up more dock space and speed goods flow in and out of the Port of Savannah.
  • Launching programs to modernize ports and marine highways with more than $240 million in grant funding within the next 45 days. The Port Infrastructure Development Grant program becomes the first and only federal grant program specifically dedicated to investments in port infrastructure. DOT will award $230 million in funding for the program and $13 million for the Marine Highway Program to support waterborne freight service.
  • Identifying projects for U.S. Army Corps of Engineers construction at coastal ports and inland waterways within the next 60 days. The plan includes more than $4 billion in funding to repair outdated infrastructure and to deepen harbors for larger cargo ships.
  • Prioritizing key ports of entry for modernization and expansion within the next 90 days. This plan will fund $3.4 billion in investments to upgrade obsolete inspection facilities and allow more efficient international trade through the northern and southern borders.
  • Open competition for the first round of port infrastructure grants funded through the bipartisan infrastructure deal within 90 days. DOT will announce more than $475 million in additional funding for port and marine highway infrastructure.
  • Call for new data standards for goods movement.  DOT will work with the Federal Maritime Commission to publish a request for information on standardized data exchange requirements for goods movement in the transportation supply chain. Standardized data are an important first step to ensure interoperability among actors in the supply chain and greater transparency, resiliency, fluidity, competition, and efficiency across the supply chain.

The complete plan also includes spending outlined in the recently passed infrastructure bill, which is awaiting President Biden’s signature.

 



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