The Biden administration has announced it has ramped up its national logistics program in an effort to speed up delivery times and reduce consumer costs.
The Freight Logistics Optimization Works (FLOW) program now has 53 companies on board including FedEx Corp, United Parcel Service Inc and Maersk.
The US Transportation Department spent $1.5 million to create the program and is now asking for $5.3 million in the budget to continue the momentum.
The FLOW program was created to address supply chain issues by getting ports, truckers, shippers, retailers, wholesalers and other businesses to share information. These key stakeholders are working together with the Administration to develop a proof-of-concept information exchange to ease supply chain congestion.
US Transportation Secretary, Pete Buttigieg, said the department will continue refining the program, seeking feedback from companies to make it more useful.