Alaska Port Gets $180M Boost | Anchorage News

Alaska’s Port of Anchorage is set to get a $180 million boost from a federal lawsuit settlement, fueling its $2.7 billion modernization push to upgrade aging terminals, handle larger ships, and meet earthquake safety standards — a project bigger than any since Anchorage became a city in 1975. The funding stems from decades-long legal battles over shoddy federal construction work that caused sinkholes and shipping hazards, with this settlement finally delivering crucial cash to keep Alaska’s vital supply chain running and prices down for the 90% of residents who depend on the port. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ba6231d66b42fb3c