02
Apr
WASHINGTON – As a part of President Biden’s Investing in America agenda, the U.S. Department of Transportation’s Maritime Administration (MARAD) published a Notice of Funding Opportunity (NOFO) for $450 million in Federal Fiscal Year 2024 funding through MARAD’s Port Infrastructure Development Program (PIDP). Investments made under the PIDP focus on modernizing the Nation’s coastal and inland waterway ports as well as strengthening its supply chains and economic security for generations to come. PIDP funds will also aid in the reduction of carriers’ shipping time, costs and ultimately the price of goods for the American people. The Biden-Harris Administration’s Bipartisan Infrastructure…