Posted on February 23, 2022
It nearly doubles last year’s investment in PIDP for states and port authorities
Aid is on the way to help the U.S. economy’s struggle with overwhelmed ports and supply chain issues.
President Biden’s Bipartisan Infrastructure Law has made $450 million available in grant funding for port-related projects through the Department of Transportation’s Maritime Administration’s Port Infrastructure Development Program (PIDP).
This sum represents the largest investment in the program ever. These grants can help ports expand capacity and improve the movement of goods through supply chains.
