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May 10th, 2025
May 10th, 2025
Transportation Today News

Home » Investment » Page 179

Investment

Work concludes on $15.7M project along New York’s Northern State Parkway

By Chris Galford  |   November 21, 2019   |   Investment

An effort to improve traffic flow along the Northern State Parkway in New York ended this week, concluding reconstruction work on the Route 231 interchange. The Suffolk County-based project cost $...

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New York to invest $15M in Port of Oswego

By Melina Druga  |   November 20, 2019   |   Investment

New York state plans to invest $15 million in the Central New York Agriculture Export Center at the Port of Oswego. The funding is part of a $65 million investment in the state's upstate ports to...

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Florida’s budget includes nearly $10B for transportation infrastructure development

By Melina Druga  |   November 20, 2019   |   Air

Florida Gov. Ron DeSantis recently released his proposed Bolder, Brighter, Better Future budget for fiscal year 2020-2021, and it includes $9.9 billion in funding for the Florida Department of Transpo...

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Washington State DOT requests input regarding four-year transportation program

By Chris Galford  |   November 20, 2019   |   Investment

The Washington State Department of Transportation (WSDOT) seeks input for the latest iteration of its four-year, multimodal program, the Statewide Transportation Improvement Program (STIP). The STI...

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Sen. McSally encourages USDOT to fund Tucson rapid transit corridor

By Chris Galford  |   November 20, 2019   |   City

Touting the potential for economic development and jobs access, U.S. Sen. Martha McSally (R-AZ) sent correspondence to the Department of Transportation (USDOT) last week to urge funding for a rapid tr...

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AASHTO calls for repeal of highway contract authority’s cancellation

By Chris Galford  |   November 19, 2019   |   Featured

Warning of potentially devastating results on American construction, the American Association of State Highway and Transportation Officials (AASHTO) dispatched a second letter to Congress this week ur...

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New York completes development hub five years ahead of schedule

By Melina Druga  |   November 18, 2019   |   Investment

New York State has completed the $150 million Woodbury Road Transit and Economic Development Hub project in Orange County five years ahead of schedule. The project improves traffic patterns, mobility ...

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Hyundai plans to expand Alabama manufacturing facility

By Chris Galford  |   November 18, 2019   |   Investment

With the announcement last week that it intends to create the new Santa Cruz compact utility vehicle at its Montgomery, Ala., production facility, Hyundai Motor Manufacturing of Alabama pledged to a $...

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Rail organization president testifies that Amtrak fuels economy

By Melina Druga  |   November 18, 2019   |   Federal

Jim Mathews, president of the U.S. Rail Passengers Association, recently testified before the House Rail & Infrastructure Subcommittee on Rail that Amtrak plays an important role in economic growth. ...

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Agencies need to do better job of coordinating disaster relief efforts, GAO finds

By Melina Druga  |   November 15, 2019   |   Federal

Following three disastrous hurricanes in 2017, the Federal Transit Administration (FTA) and the Federal Emergency Management Agency (FEMA) shared information and coordinated efforts. Despite this coor...

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Pennsylvania approves $79.3 mln investment in transportation infrastructure

By Melina Druga  |   November 15, 2019   |   Investment

More than 140 new transportation infrastructure improvement projects in Pennsylvania will receive $79.3 million in funding after receiving approval from the state’s Commonwealth Financing Authority,...

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Missouri begins work on first project under Focus on Bridges program

By Chris Galford  |   November 15, 2019   |   News

Construction began this week on Missouri’s first Focus on Bridges project: the Route JJ bridge over Price’s Branch in Montgomery County. This inaugural project is slated to cost approximately $...

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North Carolina plans to improve I-95 with federal grant

By Melina Druga  |   November 13, 2019   |   Federal

The U.S. Department of Transportation recently awarded the North Carolina Department of Transportation a $22.5 million Better Utilizing Investments to Leverage Development grant. The department pl...

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Switching to electric vehicles could save lower income families $449M in UK, report says

By Melina Druga  |   November 13, 2019   |   Investment

If the British government takes proactive steps to make electric vehicles (EVs) more affordable, lower incomes households could save approximately $449.3 million annually, averaging between $3,851 and...

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Connecticut Gov. Ned Lamont presents transportation plan through 2030

By Chris Galford  |   November 13, 2019   |   Air

Connecticut Gov. Ned Lamont announced last week a $14 billion plan to improve the state’s roads and bridges over the next decade, as well as $7 billion to improve its public transit system. Conge...

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Voters approve nearly $10 bln in state and local transportation ballot measures

By Liz Carey  |   November 12, 2019   |   City

The majority of Americans voted in favor of investing in transportation projects on Nov. 5, with 270 approved initiatives that are expected to generate more than $9.6 billion in one-time and recurring...

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BYD, Toyota sign agreement for joint company for research, development of battery electric vehicles

By Chris Galford  |   November 12, 2019   |   Investment

Toyota Motor Company and BYD Company Ltd. will research and develop battery electric vehicles (BEVs) under a jointly operated venture announced last week. The new company will likely be founded in...

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Memphis Area Transit Authority nets $12M federal grant to build bus rapid transit

By Chris Galford  |   November 12, 2019   |   Federal

The U.S. Department of Transportation (U.S. DOT) recently awarded $12 million to the Memphis Area Transit Authority (MATA) for the development of a Bus Rapid Transit (BRT) line across eight miles of M...

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Federal Railroad Administration to award $24M in passenger rail service grants

By Melina Druga  |   November 11, 2019   |   Featured

The U.S. Department of Transportation’s Federal Railroad Administration (FRA) recently said it will make available $24.4 million in Fiscal Year 2018 and 2019 Restoration and Enhancement Grants Progr...

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Rural-transportation infrastructure council holds first meeting

By Melina Druga  |   November 8, 2019   |   Federal

The inaugural meeting of the Rural Opportunities to Use Transportation for Economic Success (ROUTES) Council was held this week. The council will work to improve how the U.S. Department of Transpo...

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