Biden unveils $3 billion investment to strengthen US ports infrastructure

Posted on October 29, 2024   |  

The U.S. President announced a $3 billion investment from the Inflation Reduction Act to upgrade ports nationwide.

From this funding, the Maryland Port Administration will receive $147 million to improve the Port of Baltimore.

The investment aims to create union jobs and update port facilities with cleaner, more efficient equipment.

Earlier this month, a three-day strike at East and Gulf Coast ports temporarily disrupted nearly half of U.S. ocean shipping.

This plan supports job growth and environmental goals as part of a larger effort to modernize U.S. port infrastructure.