U.S. Department of Transportation awards more than $241 million in grants to ports nationwide!

U.S. Department of Transportation awards more than $241 million in grants to ports nationwide!

It is learned that according to foreign media reports, U.S. Secretary of Transportation Pete Buttigieg recently announced that he will provide more than US$241 million in grants to U.S. ports to strongly support the Port Facilities Development Program (PIDP).

The funding is reportedly aimed at addressing three major issues: shortages in the U.S. supply chain, inflationary pressures and the need for economic recovery.

The report said that the grants will be used to further strengthen port infrastructure and improve cargo handling capacity and efficiency.

Pete Buttigieg added that American seaports play a critical role in the supply chain and the funding will help support American jobs, logistics operations and achieve the vision of delivering goods faster to the American people.

It is understood that PIDP has been launched for three years and has allocated more than US$492 million in the first two years, successfully providing financial support for 32 projects that promote national economic development.


Editor ✎ Nicole/

Disclaimer: This article is copyrighted and may not be reproduced without permission.

<<:  Holiday Packages Surge! Can UPS, FedEx, and USPS Meet the Challenge?

>>:  FedEx invests $42 million to build a distribution center covering 250,000 square feet!

Blog    

Recommend

What is ShopBase? ShopBase Review

ShopBase is a platform that helps sellers build cr...

What is TrueOpinion? TrueOpinion Review

Trueopinion is a third -party review platform that...

What is Wanzhou Business School? Wanzhou Business School Review

Shenzhen Wanzhou Business School is a platform ded...

Strict compliance review! Amazon VAT issues broke out on a large scale...

Normal, once there is data abnormality, such as s...

What is Spredfast? Spredfast Review

Spredfast was founded on March 10, 2008 and is hea...

What is the Paris Convention? Paris Convention Review

The Paris Convention for the Protection of Industr...

What is xSellco? xSellco Review

xSellco is the only customer support desk built fo...

What is Hermo.my? Hermo.my Review

Hermo.my is a Malaysian beauty e-commerce website ...

What is TUV certification? TUV certification review

The TÜV mark is a safety certification mark specia...