Port congestion and extended transit times during the pandemic exposed longstanding supply chain inefficiencies. For many, the hurdles stakeholders face today are a symptom of a larger problem: The U.S. has chronically underinvested in the infrastructure needed to speed up the flow of goods.
President Joe Biden’s administration said that’s going to improve, after he signed the $1.2 trillion infrastructure bill into law. The spending package includes $100 billion for roads and bridges.