President Joe Biden’s point-person for clearing the supply-chain bottleneck in southern California hailed a new agreement that will fast-track multiple logistics projects in the Golden State. The Emerging Projects Agreement is the first time the federal government has teamed with a state to develop and fund a range of supply-chain projects at once, rather than taking a piecemeal approach to specific initiatives, Port Envoy John Porcari told reporters Thursday. The accord will make available two federal loan programs to projects including upgrading highways and ports, developing inland warehouse facilities and expanding freight-rail capacity. “We’re setting the stage for projects that will eliminate bottlenecks and improve the flow of goods,” California State Transportation Agency Secretary David Kim said. The Biden administration and California officials are under pressure to relieve a logjam in the nation’s supply arteries, but especially at the ports of Los Angeles and Long Beach. More than 70 […]