64.7 F
Washington D.C.
Saturday, May 28, 2022
spot_img

MARAD Announces $25 Million in Funding to Improve Supply Chains

The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced the availability of $25 million in funding for the America’s Marine Highway Program (AMHP), which supports the development and expanded use of America’s navigable waterways and will help improve the nation’s supply chains and the movement of goods throughout the country.  

These new resources represent the largest single appropriation of funding ever provided to the AMHP and were made possible by the Bipartisan Infrastructure Law, also known as the Investment in Infrastructure and Jobs Act, which will make a $1.2 trillion investment in U.S. infrastructure and competitiveness.   

“America’s waterways are a vital means for getting goods onto our shelves and into our homes,” said Transportation Secretary Pete Buttigieg. “Thanks to these investments, and others like them in the President’s Bipartisan Infrastructure Law, we can help create jobs, reduce delays, and strengthen our critical supply chains for decades to come.” 

These grants demonstrate continued action on commitments in the Biden-Harris Administration’s Port Action Plan, which meets the demand resulting from the rapid economic recovery and helps address inflationary pressures. 

“This historic funding for the Marine Highways program will expand waterborne transportation options while helping project sponsors increase energy conservation, improve safety, reduce landside infrastructure costs, and reduce travel delays caused by congestion. This investment will also create well-paying maritime jobs,” said Acting Maritime Administrator Lucinda Lessley.  

The America’s Marine Highway Program supports the increased use of the Nation’s navigable waterways to relieve landside congestion, provide new and efficient transportation options, and increase the productivity of the surface transportation system. By working closely with public and private organizations, the AMHP helps create and sustain American jobs in U.S. ports, on vessels, and at shipyards, while also improving our supply chains. 

To be eligible for a grant award, a project must have previously been designated as a Marine Highway Project designated by the Secretary of Transportation. 

Find out more at MARAD

Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

Related Articles

STAY CONNECTED

- Advertisement -

Latest Articles