MarAd hits new high with port infrastructure grants

MarAd hits new high with port infrastructure grants

(WASHINGTON) — The U.S. Department of Transportation’s Maritime Administration (MarAd) announced Monday that up to $684.3 million is now available for Port Infrastructure Development Program (PIDP) grants, to be awarded on a competitive basis to projects that improve the safety, efficiency and reliability of the movement of goods into, out of, around, or within a port. This marks the most…
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MarAd nearly doubles funding for US port grants

MarAd nearly doubles funding for US port grants

(WASHINGTON) — The U.S. Department of Transportation’s Maritime Administration (MarAd) on Wednesday announced nearly $450 million in newly available grant funding for port-related projects through the Port Infrastructure Development Program (PIDP) — by far the largest investment in the program ever. These grants can help ports expand capacity and improve the movement of goods through U.S. supply chains. This funding…
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Port of Long Beach sets record with 9.38 million TEUs in 2021

Port of Long Beach sets record with 9.38 million TEUs in 2021

(LONG BEACH, Calif.) — The Port of Long Beach set a new record in 2021 by moving 9.38 million cargo containers as dockworkers and terminal operators worked to clear the docks amid an historic, pandemic-induced import surge. The port ended 2021 with 9.38 million twenty-foot equivalent units (TEUs) processed, a 15.7 percent increase from the previous record of more than…
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