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July 18th, 2025
July 18th, 2025
Transportation Today News

Home » Investment » Page 186

Investment

Congressmen introduce bill to promote transportation careers, improve workforce diversity

By Chris Galford  |   December 2, 2019   |   Featured

The Promoting Service in Transportation Act was introduced into the House this week to create a series of public service announcement campaigns to promote job opportunities and improve diversity for t...

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Pa. transportation task force urges more streamlined funding for infrastructure improvements

By Debra Flax  |   November 27, 2019   |   Featured

The Pennsylvania House Transportation Infrastructure Task Force is recommending a widespread funding reform to remedy shortfalls for transportation improvements and maintenance partially linked to an ...

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JFK International Airport to gain new, $7.4B Terminal One under approved lease

By Chris Galford  |   November 27, 2019   |   Air

John F. Kennedy International Airport, one of the busiest airports in the United States, will begin its multi-billion terminal project next year following the recent approval of a proposed lease by Po...

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Louisville transit authority awarded $17.3M grant

By Melina Druga  |   November 26, 2019   |   City

The Federal Transit Administration (FTA) recently awarded the Transit Authority of River City (TARC), the major public transportation provider for the Louisville, Ky., metro area, a nearly $17.3 milli...

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Legislation extends tax credit on alternative fuel

By Melina Druga  |   November 26, 2019   |   Federal

Recently introduced legislation aims to extend the 50 cents per gallon excise tax credit on alternative fuel used in vehicles, which includes compressed, liquefied, and renewable natural gas. The A...

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Sen. Durbin presses Amtrak, FRA to improve On-Time Performance in illinois

By Chris Galford  |   November 25, 2019   |   Investment

Following the publication of a report from the Amtrak Office of the Inspector General’s (OIG) that noted abysmal on-time performance for the Illini/Saluki route, U.S. Sen. Dick Durbin (D-IL) dispatc...

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Florida’s autonomous testing facility enters phase two

By Melina Druga  |   November 22, 2019   |   Investment

The second phase of construction on SunTrax, the Florida Department of Transportation’s (FDOT) autonomous vehicle test facility, will begin soon. SunTrax is the first state-owned facility of its...

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PerceptIn to establish autonomous vehicle headquarters in Indiana

By Chris Galford  |   November 22, 2019   |   City

The California-based PerceptIn announced a major move for its autonomous driving operations this week, with plans to shift its global headquarters to Fishers, Ind., and begin pilot tests early next ye...

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Weather, added work delay I-75 modernization project

By Chris Galford  |   November 22, 2019   |   Investment

Owing to weather delays and additional work added onto the original contract, the Michigan Department of Transportation (MDOT) announced this week that segment 2 of the Interstate 75 modernization pro...

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Cost of deferred maintenance for U.S. infrastructure tops $1 trillion, new report finds

By Liz Carey  |   November 21, 2019   |   Featured

A new report from the non-profit Volcker Alliance warns that repairs to the nation’s aging infrastructure could cost more than $1 trillion, or 5 percent of the country’s gross domestic product, a ...

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Credit: Hyperloop Transportation Technologies

Hyperloop Transportation Technologies finds Great Lakes project feasible, profitable

By Chris Galford  |   November 21, 2019   |   Featured

Results from the Great Lakes Hyperloop Feasibility Study, undertaken by Hyperloop Transportation Technologies (HyperloopTT) and the Northeast Ohio Areawide Coordinating Agency, suggest that a system c...

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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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