LAGRANGE, Mo. — A federal grant clears the way for a new port development in Lewis County with economic development possibilities for Northeast Missouri, West-Central Illinois and Southeast Iowa.
Recently, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port Infrastructure Development Program (PIDP). As part of President Biden’s Investing in America agenda – a key pillar of Bidenomics – this funding will help grow capacity and increase efficiency at coastal seaports, Great Lakes ports, and inland river ports. A significant portion of domestic and international U.S. commerce by weight, (over 2.3 billion short tons) moves by water.
Portland shipping terminal will use $14M grant to upgrade, keep pace with demand mainebiz.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainebiz.biz Daily Mail and Mail on Sunday newspapers.
Biden-Harris Administration Invests More Than $653 Million in Ports to Strengthen American Supply Chains hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.