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Biden team seeks port revival plans as it spends infrastructure cash -Breaking

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© Reuters. FILE PHOTO: Ships seen off the coast at Long Beach port as Long Beach’s supply chain problems continue. REUTERS/Mike Blake

WASHINGTON, (Reuters) – The Biden administration seeks projects that will improve U.S. ports in its expansion of spending on the infrastructure bill worth $1 trillion.

American President Joe Biden is under pressure to get rid of port backlogs as Americans fear higher inflation and supply chains woes. This has been done to speed up the return of record-breaking numbers of products to market after the COVID-19 Pandemic.

On Wednesday, the U.S. Department of Transportation requested $450,000,000 in grant proposals to improve port terminals and piers. Officials stated that this is the biggest amount of money ever offered under the Port Infrastructure Development Program.

Ports will see $17 billion in total spending. Biden officials are hopeful that an improved infrastructure will help imports get to the shelves more quickly and for less money. The Biden officials also believe that the infrastructure bill’s Buy American provisions will help domestic manufacturers.

This week, the Department of Transportation will release a comprehensive report that includes further recommendations regarding logistics and freight issues.

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