Posted on December 20, 2023
East Coast U.S. seaports are poised for a big decade. In Baltimore, a public-private partnership invested $550 million into Seagirt Marine Terminal to handle consumer cargo arriving on larger ships. Baltimore will next build a new rolling cargo dock and establish a new manufacturing hub with a $47 million federal grant awarded in 2023, among other improvements. The government’s spending on port infrastructure is part of an attempt to revive the U.S. industrial base.