Why U.S. ports are getting a $21 billion upgrade
U.S. ports are getting multimillion dollar grants to update freight managing facilities. The grants become part of the Biden administration's $21 billion dedication to update port facilities in the U.S.Midsize port cities such as Baltimore are amongst the 2023 grant receivers. In November, the Port of Baltimore got a $47 million grant to kick-start an overseas wind production center, to name a few enhancements. The funds will pay for a brand-new berth, or dock, for rolling freight. Baltimore is the leading U.S. location for rolling freight imports, a classification consisting of farm equipment from John Deere and light-duty cars from BMW, according to the Maryland Port Administration.More than $653 million in Port Infrastructure Development Program grants were granted to U.S. ports in 2023...