The U.S. Department of Transportation released an action plan Feb. 24 detailing proposed procedures to strengthen U.S. supply chains and advance economic recovery.
There has been $450 million in funding made available from the Biden-Harris Administration Bipartisan Infrastructure Law to go toward Port Infrastructure Development Program Grants which will seek to improve U.S. ports. It is by far the largest investment in ports in American history, according to the DOT.
“Decades of underinvestment in our infrastructure, unprecedented consumer demand amid our strong economic recovery and continued pressure from the pandemic have all put immense strain on our supply chains,” DOT Secretary Pete Buttigieg said. “This report lays out critically important steps we can take — both right now, and in the years ahead — to help strengthen our supply chains, create good-paying jobs and ensure that Americans can affordably and efficiently access the goods they rely on.”
The supply chain report details steps for all layers of government to take in order to utilize funds from the bill to invest in infrastructure which has reportedly been underinvested for years. The report details vulnerabilities in the freight and logistics suply chain and actions needed to speed up the movement of goods "from ships to shelves," according to the release.
