Supply Chain News: Administration Announces Additional Infrastructure Funding for America's Ports and Waterways
On March 29, 2022, the Administration announced additional infrastructure funding for America’s ports and waterways.
Administration Announces Additional Infrastructure Funding for Ports and Waterways
March 29, 2022
The White House is announcing a new $2.7 billion investment package for port and waterway improvements, to strengthen America’s ports and waterway supply chains and supply chain resilience. As part of the Bipartisan Infrastructure Law, the U.S. Army Corps of Engineers will receive funding to complete 300 projects through the country focused on strengthening ports and waterways, including dredging and locks and dam projects at high-volume U.S. ports and waterways. The new funding will not only make America’s ports and waterways more resilient to climate change impacts, but will strengthen supply chains, keep goods moving through the economy, and enable the U.S. to compete.
Review the White House Fact Sheet on Infrastructure Funding for Ports and Waterways.