On Wednesday, the Biden administration said it will set aside $450 million from the Bipartisan Infrastructure Law this year towards accomplishing one goal: unclogging U.S. ports. Individual ports, which operate as independent businesses, will soon be able to apply for money from the government to pay for a wide range of projects — from expanding terminals to constructing new piers to creating rail yards for moving goods. “At a foundational level, all of the projects to be chosen must… Source link
Read More »New infrastructure bill allots $17B for ports. Here’s where that money will go
Congress passed the bipartisan infrastructure bill late on Friday night and before it has even been signed into law, the White House is trying to sell the public on it. The first stop coming on Wednesday: a port. “There’s a reason President Biden chose the Port of Baltimore to give his major speech celebrating passage of what, to date, is his signature legislative accomplishment,” says Aaron Klein, an infrastructure expert at the Brookings Institution. The 2,702-page bill includes about… Source link
Read More »LA, Long Beach target ‘ugly hazard’ of containers left near ports as supply crisis drags on
With shipping delays mounting and cargo piling up at Los Angeles County ports, local officials are tightening the rules on , part of an effort to ease congestion of freighter ships anchored along Southern California’s coast. Beginning Nov. 1, carriers will be charged $100 per container, with the fee increasing $100 per container per day — but the fee will not be assessed until Nov. 15. Collected fees will be reinvested by the ports in programs to increase efficiency and address congestion,… Source link
Read More »Google Stadia Reports Detail Development Troubles, ‘Tens of Millions’ Spent on AAA Ports
Multiple reports have come out detailing Google Stadia’s troubles that include everything from internal struggles on the development team to “tens of millions” of dollars spent on AAA games like Red Dead Redemption 2 to development roadblocks created by Google itself. Bloomberg reported that, despite all the hype built up by Google for Stadia’s reveal, gamers around the world were disappointed. This led to a lackluster launch and Stadia is said to have “missed its targets for sales of… Source link
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