To ease the supply chain dilemma! The White House announced a $14 billion allocation to increase port capacity!

To ease the supply chain dilemma! The White House announced a $14 billion allocation to increase port capacity!

It is learned that on January 18, the White House allocated $14 billion to combat climate change and alleviate supply chain difficulties. Of this, $4 billion will be used to expand the capacity of the largest ports in the United States, including the Port of Long Beach and the Port of Norfolk in California. In Virginia, plans are being made to widen the waterway to accommodate more and larger ships.

The Biden administration will also provide $858 million to replace locks to help large cargo ships pass through the upper Ohio River west of Pittsburgh, and $470 million to complete construction of a similar lock system along the St. Mary's River in Michigan.

The Port of Los Angeles, one of the largest port complexes in the United States, handled a record 10.7 million twenty-foot containers in 2020, 13% higher than the previous record in 2018.

It is learned that in the face of port congestion and delivery delays, Biden claimed that the delivery time of FedEx, UPS and the United States Postal Service has been improved, but port congestion is still a problem. Gene Seroka, executive director of the Port of Los Angeles, said last week that a shortage of workers makes it difficult for the port to be open around the clock.



Editor ✎ Estella/

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

<<:  Strong consumer demand! No sign of a drop in US truck freight rates!

>>:  More and more advertisers in the United States are joining TikTok! Competition among influencers in marketing will intensify

Recommend

What is Yanglaoban.com? Yanglaoban.com Review

Yanglaoban.com is a cross-border e-commerce invest...

How to unblock an account due to a surge in sales

Did you sell epidemic prevention supplies? If it ...

​ Product infringement! 17 Chinese companies sued! 1500+ stores may be frozen!

Infringement incidents occur every year, especiall...

What is the Dash Replenishment Program? Dash Replenishment Program Review

Amazon Dash Replenishment Program allows manufactu...

What is houseofvoltaire? houseofvoltaire review

houseofvoltaire commissions and sells unique artwo...

What is Etsy? Etsy Review

Etsy is an online store platform that features the...

Before clearing inventory, we need to calculate the order cost of the product

Before clearing inventory, we need to calculate t...