Hong Kong drops out of world's top 10 busiest container ports
Hong Kong fell out of the world’s top 10 container ports last year, for the ...
Source Port of Long Beach.
The port of Long Beach is the winner in the first round of funding from Washington for port and marine infrastructure development since President Biden signed the $1.2 trn infrastructure bill in November.
The California port has garnered a $52.3m grant, which will go towards its Pier B rail project.
Improvements to transport infrastructure are a large chunk of the bill, which almost doubled spending with a $550bn increase over the old setting.
Ports are in for $5bn in direct funding, of which ...
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