White House unveils funding to ease ports and supply chains

BALTIMORE (AP) — The Biden administration rolled out plans on Tuesday to identify and pay for possible upgrades to U.S. ports within the next 90 days — hoping to ultimately tamp down the inflation being caused by ships waiting to dock and a shortage of truck drivers to haul goods.

As the U.S. emerges from the coronavirus pandemic, the economic recovery has been hampered by congested and aging ports. The mix of inflation and the potential for empty store shelves during holiday shopping has created a sense of frustration for many Americans and hurt President Joe Biden and Democrats politically.

Senior administration officials said Tuesday that the Transportation Department would allow port authorities to redirect any leftover money from grant projects to address the supply chain issues. For example, the Georgia Port Authority will use $8 million to convert its inland facilities into container yards, freeing up dock space and speeding the flow of goods to their final destinations.

The officials spoke on condition of anonymity to discuss the forthcoming plans, which come on the heels of the House passing a $1 trillion bipartisan infrastructure package late Friday. The package includes $17 billion to improve coastal and land-based ports that can help to tackle the challenges in the longer term.

Biden will highlight the administration's efforts by visiting Baltimore's port on Wednesday. It's part of a broader effort to show that the administration will tackle the inflation that has left Americans feeling more pessimistic about the economy. Updated figures for the consumer price index will be released Wednesday, with the previous report showing prices were 5.4% higher than a year ago.

The Baltimore trip is designed to highlight the types of investments that the administration believes will help unclog the supply chain. The...