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May 17th, 2025
May 17th, 2025
Transportation Today News

Home » Investment » Page 199

Investment

TriMet to introduce first buses powered solely by wind energy

By Chris Galford  |   April 22, 2019   |   Featured

In a move believed to be a first in the U.S. transit industry, TriMet recently introduced its all-electric buses powered only by wind energy. TriMet, based in Portland, Ore., has previously commit...

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Demolition at LAX paves way for $1.86B Delta Sky Way project

By Chris Galford  |   April 22, 2019   |   Air

The Los Angeles International Airport (LAX) began tearing down its Terminal 3 this week as the official beginning of construction for the $1.86 billion Delta Sky Way project, which aims to modernize a...

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Chicago City Council approves $50M expansion of Divvy bike share system

By Chris Galford  |   April 19, 2019   |   City

Chicago will expand its Divvy bike sharing system this year, creating more than 200 jobs in the process, thanks to a $50 million investment approved by the city council. The investment will notably...

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Competition will award $3M to innovative, environmentally-friendly projects

By Melina Druga  |   April 19, 2019   |   Featured

A competitive two-step process to find innovative proposals that reduce energy consumption and greenhouse gas emissions will result in $3 million awarded to the winners. Funding is provided throug...

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CN plans $80M investment into Minnesota rail infrastructure

By Chris Galford  |   April 18, 2019   |   Investment

Canadian National (CN) is planning to invest more than $80 million into Minnesota’s rail infrastructure over the course of the year. The announcement, made earlier this week, is part of a larger...

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Pennsylvania governor discusses infrastructure plan at conference

By Melina Druga  |   April 17, 2019   |   Featured

Pennsylvania Gov. Tom Wolf’s plan, Restore Pennsylvania, would invest $4.5 billion in the next four years to rebuild the state’s infrastructure. The plan would be funded through a severance ta...

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New York to begin $6.3M bridge reconstruction project

By Melina Druga  |   April 16, 2019   |   Investment

The New York Department of Transportation has begun construction on a $6.3 million project to extend the service life of seven bridges on northbound Interstate 990 and reduce maintenance costs. Th...

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Alabama Gov. Kay Ivey and Shuhei Toyoda

Toyota Boshoku building $50M Alabama manufacturing facility

By Chris Galford  |   April 12, 2019   |   City

More than $50 million will be invested into the Athens, Ala., area by Toyota Boshoku America, to create a new manufacturing facility that will bring around 400 jobs at full operation. The internat...

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Port Houston seeks accelerated funding for widened, deepened channel

By Chris Galford  |   April 12, 2019   |   Investment

The Port Commission of the Port of Houston Authority met recently with stakeholders, federal government representatives, and member of the U.S. Army Corps of Engineers to explore ways to accelerate t...

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Federal Transit Administration awards $1M to 16 transit projects

By Melina Druga  |   April 12, 2019   |   Featured

The Federal Transit Administration (FTA) recently awarded $1.36 billion in Capital Investment Grants (CIG) Program funds to 16 new and existing transit projects. The CIG program funds major transi...

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Record-setting funding agreement to expand Virginia’s Hampton Roads Bridge Tunnel

By Chris Galford  |   April 11, 2019   |   Investment

The Hampton Roads Transportation Accountability Commission (HRTAC) and the Virginia Department of Transportation (VDOT) have reached a funding agreement that will allow for an expansion of the Hampto...

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Reconstruction of JFK airport runway begins

By Melina Druga  |   April 11, 2019   |   Air

Work began Monday on the reconstruction of Runway 13L-13R at John F. Kennedy International Airport and will be closed while workers repave. Construction workers will use concrete instead of asphal...

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Spokane Transit Authority awarded $53M grant

By Melina Druga  |   April 11, 2019   |   City

The Federal Transit Administration recently awarded the Spokane Transit Authority a $53 million grant through its Small Starts grant program. Funds will be used to complete the Central City Line B...

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Rebate project to grant up to $15.5M for Sacramento County electric vehicle chargers

By Chris Galford  |   April 10, 2019   |   City

California’s Sacramento County is bolstering the options for its electric vehicle drivers, as part of the California Electric Vehicle Infrastructure Project, by setting up as much as $15.5 million ...

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Toll-financed construction best way to fund infrastructure improvements

By Melina Druga  |   April 10, 2019   |   Federal

Financing Interstate reconstruction and modernization with tolls is the best way to improve infrastructure investments, Robert Poole, director of transportation policy and Searle Freedom Trust Transp...

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New Jersey municipalities to receive $161M in infrastructure funding

By Melina Druga  |   April 9, 2019   |   Investment

A total of 537 New Jersey cities and towns, 95 percent of the state’s municipalities, will receive $161.25 million in Municipal Aid grant awards. The funds will be used for bridge, road, safety...

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Amtrak to invest $90M in Baltimore Penn Station

By Melina Druga  |   April 9, 2019   |   City

Amtrak plans to invest up to $90 million in Baltimore Penn Station for improvements, including enhancing the customer experience as well as expanding and modernizing the station to accommodate passen...

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Nearly 3,000 solar panels installed at Honolulu airport

By Melina Druga  |   April 8, 2019   |   Air

The Hawaii Department of Transportation (HDOT) recently completed the installation of 2,980 solar panels at Daniel K. Inouye International Airport in Honolulu. The panels were installed over a th...

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Ohio Turnpike Commission to spend $198M in 2019

By Melina Druga  |   April 4, 2019   |   Investment

The Ohio Turnpike and Infrastructure Commission anticipates spending up to $198 million on projects throughout the state this construction season. The projects are intended to improve travel and s...

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MassDOT, MBTA partner with transportation network companies on accessibility program

By Chris Galford  |   April 4, 2019   |   Featured

The Massachusetts Department of Transportation (MassDOT), the Massachusetts Bay Transportation Authority (MBTA), Uber, and Lyft are working together to increase the availability of wheelchair-accessi...

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