Newsom, Buttigieg announce $5 billion in loans for California’s clogged ports
by Russ Mitchell, Chris Megerian, Los Angeles Times
Oct 28, 2021
3 minutes
Not content to wait for Congress to pass a big infrastructure spending bill, Gavin Newsom and Pete Buttigieg moved on Thursday to inject $5 billion in loan money to help modernize California’s seaports.
The money won’t help unclog the severe congestion that’s creating seaport chaos at present, but the two say that modernizing the ports and the truck and rail systems that serve them can prevent logistics nightmares in the future.
“Our supply chains are being put to the test, with unprecedented consumer demand and pandemic-driven disruptions combining with the results
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