HeadlinesNews California set to boost port infrastructure with $2.3billion By maritimemag January 16, 2022 ShareTweet 0 The State of California is set to invest US$2.3bn in its ports, and supply chain infrastructure. Earlier in the week, California Governor, Galvin Newsom said the investment was needed in order to ease supply chain disruption. Congestion at the ports of Los Angeles and Long Beach hit the headlines globally for much of last year, with container ships queuing for up to three weeks before entering port. The proposed budget includes $2.3bn in supply chain investments, including $1.2bn for increasing goods movement capacity on rail and roadways that serve the ports and port terminals. These will include rail yard expansions, new bridges, zero-emission modernization projects, and $875m for zero-emission port equipment. A further $110mn has been earmarked for worker training, $40mn for commercial drivers licenses, and $30mn for operational and process improvements. “This funding will improve supply chain resiliency and will be used to leverage federal funding,” said Port of Los Angeles Executive Director,Gene Seroka. © 2022, maritimemag. All rights reserved.
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