California is banking on $5 billion in federal infrastructure loans to help supply chain overloads at the ports of Los Angeles and Long Beach. California Gov. Gavin Newsom and U.S. Secretary of Transportation Pete Buttigieg announced Oct. 28 the “Emerging Projects Agreement” that they expect will improve the capability of the ports to move goods and improve the environment at the same time. The money won’t help clear the record number of containers still waiting on ships this week. The funds are expected to modernize the ports in the future, creating better systems for trucks, railways, and the environment in an effort to ward off future disasters. “Our supply chains are being put to the test, with unprecedented consumer demand and pandemic-driven disruptions combining with the results of decades-long underinvestment in our infrastructure. That’s why this administration is working around the clock to address both near-term and long-term challenges to …