The US Department of Transportation’s Maritime Administration (MARAD) announces plans to invest nearly $580 million from the Bipartisan Infrastructure Law to fund 31 port improvement projects in 15 states and one US territory.
As part of President Biden’s Investing in America agenda, this funding will help increase both capacity and efficiency at coastal seaports, Great Lakes ports, and inland river ports. The port improvement projects announced will strengthen supply chain reliability, create workforce development opportunities, enhance freight efficiency, lower costs, reduce emissions, and improve the safety, reliability, and resilience of our ports.
The funding comes from MARAD’s Port Infrastructure Development Program (PIDP), which received $2.25 billion from the Bipartisan Infrastructure Law to improve port infrastructure to meet the nation’s freight transportation needs. The program provides planning support, capital funding, and project management assistance to improve the capacity and efficiency of ports in both urban and rural areas.
“Modernizing America’s port infrastructure is essential to strengthening the multimodal network that supports our nation's supply chain,” said Maritime Administrator Ann Phillips. “Approximately 2.3 billion short tons of goods move through US waterways each year, and the benefits of developing port infrastructure extend far beyond the maritime sector. This funding enhances the flow and capacity of goods moved, bolstering supply chain resilience across all transportation modes, and addressing the environmental and health impacts on port communities.”
Through the Bipartisan Infrastructure Law, the Biden-Harris Administration has announced investments in 580+ port and waterway projects to strengthen supply chain reliability, speed up the movement of goods, reduce the costs of everyday items, and lower carbon emissions.
View full list of awarded Port Infrastructure Development Program projects here.
