 of the United States Department of Transportation granted funding totaling almost $6 million to New York Harbor Container & Trailer-on-Barge Service and Oswego Port Great Lakes Container Service Reach Stacker Project (AMHP).){kind=link}
Under the America’s Marine Highway Program, the Maritime Administration (MARAD) of the United States Department of Transportation granted funding totaling almost $6 million to New York Harbor Container & Trailer-on-Barge Service and Oswego Port Great Lakes Container Service Reach Stacker Project (AMHP). The financing will assist extend marine highway services on New York’s navigable waterways, which will minimise congestion, help relieve bottlenecks in the supply chain, and transfer commodities from ships to shelves more rapidly.
Pete Buttigieg, the Secretary of Transportation for the United States, recently stated that “at a time of record demand for goods, it is more important than ever to strengthen our supply chains so that our manufacturers can grow and American families can get the things they need quickly and affordably.” “The news made today will assist in the improvement of our maritime highway system throughout the nation, therefore reducing congestion, upgrading port operations, and, eventually, cutting the cost of products for American people.”
This year, the AMHP was awarded an extra $25 million in funding, making it the recipient of the program’s single greatest investment to date. This money was made possible by President Biden’s Bipartisan Infrastructure Law.
“America’s Marine Highway Program is a programme that encourages the use of America’s navigable waterways for the movement of freight and people,” “The financing that was announced today represents a significant step forward in our continuing efforts to assist new maritime highway services in beginning operations and to enhance current services.”
Since the program’s inception, the AMHP has formally recognised 58 different Marine Highway Projects, each of which has contributed to the growth of local employment markets and economies. In this round of funding, 12 Marine Highway Grants were awarded to strengthen supply chains as well as our national security. This was accomplished by adding to the nation’s strategic sealift resources and providing alternative modes of transportation in the event of a national emergency or natural disaster. To accomplish these objectives, the programme collaborates with both public and private players.
In addition, the AMHP is compliant with the commitment made by the Justice40 Initiative of the Biden-Harris Administration. This initiative has set the goal of ensuring that disadvantaged communities that are marginalised, underserved, and overburdened by pollution receive forty percent of the overall benefits that flow from specific federal investments. Almost bulk of the money will be allocated to projects located in Historically Disadvantaged Communities or in community development zones established by the federal government. Additionally, projects that indicate progress toward reduced carbon emissions or near-zero emissions were given preference. Initiatives that decrease air emissions and vehicle miles driven were also given preference, as were projects that enhance America’s supply networks.
The “Buy America, Build America” sections of the Bipartisan Infrastructure Act mandate that all Marine Highway Grants awardees submit an application, comply with those conditions, and put those provisions into practise. As long as all iron, steel, manufactured goods, and building materials are produced in the United States, grant monies may be utilised to acquire low-emission equipment that is created in the United States. Examples of this kind of equipment are container reach stackers and cranes. In addition, the cash may be utilised to make intermodal equipment purchases, such as the purchase of container chassis made in the United States, which can help reduce bottlenecks in the supply chain.