Advisory Services Policy Brief: Infrastructure Investment and Jobs Act — Ports and Freight Provisions
Advisory Services Policy Briefs is a series from our management consultants that summarize and analyze infrastructure policy, starting with deep dives into the Infrastructure Bill, describing funding opportunities by project type and discussing what the law means for infrastructure policy moving forward. All IIJA and Federal Infrastructure Policy and Funding Resources
Building More Resilient Ports and Freight Networks
The supply-chain crisis has put in clear focus the need to invest in our nation’s ports and our system of goods movement. The Infrastructure Investment and Jobs Act makes a generational investment of $17 billion over five years in these critical components of our nation’s transportation network that, when coupled with the Biden Administration’s efforts to address ongoing port congestion, present tremendous opportunities for a variety of freight stakeholders.
This Policy Brief summarizes current efforts by the federal government to advance port improvements and breaks down a few of the key provisions of the IIJA affecting ports and freight movement.