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May 14th, 2025
May 14th, 2025
Transportation Today News

Home » Investment » Page 21

Investment

Plug in America responds to federal guidance on Alternative Fuel Vehicle Refueling Property tax credit

By Melina Druga  |   September 20, 2024   |   Federal

Plug In America, a nonprofit organization dedicated to accelerating the use of plug-in electric vehicles in the United States through education, advocacy and research, issued a statement following the...

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Backlog funding for rural transportation system totals $198B, according to report

By Melina Druga  |   September 20, 2024   |   Federal

In the United States, there is a $198 billion backlog in funding for repairs and improvements to the rural transportation system, according to report by TRIP, a private nonprofit organization that res...

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New York MTA releases proposed capital plan through 2029

By Liz Carey  |   September 20, 2024   |   Investment

On Wednesday, the New York Metropolitan Transit Authority released its $68.4 billion capital plan, the largest state of good repair investment in MTA history. The plan would dedicate more than 90 ...

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Maryland awards more than $13.3M in federal highway safety grants

By Melina Druga  |   September 19, 2024   |   Federal

The Maryland Department of Transportation Motor Vehicle Administration recently awarded 87 agencies, organizations and programs more than $13.3 million in federal highway safety grants. The admin...

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Washington issues $1.5M in emergency funds for San Juan Island ferry service

By Melina Druga  |   September 19, 2024   |   Investment

Washington Gov. Jay Inslee recently issuing $1.5 million in emergency and short-term funding to the San Juan Islands to restore critical ferry transportation networks. A total of $1 million will co...

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FTA announces $300M to modernize ferry systems

By Liz Carey  |   September 18, 2024   |   Federal

On Monday, the U.S. Department of Transportation’s Federal Transit Administration (FTA) announced it had awarded nearly $300 million in grants to help 14 states to modernize and expand the nation’...

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FHWA announces $802M for repairs to roads, bridges due to natural disasters

By Liz Carey  |   September 17, 2024   |   Federal

On Friday, the U.S. Department of Transportation’s Federal Highway Administration (FHWA) announced $802 million in funding to help with repairs to roads and bridges damaged in natural disasters and ...

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Clean Energy Fuels Corp. launches program allowing heavy-duty fleets to use natural gas engine

By Melina Druga  |   September 17, 2024   |   Investment

Clean Energy Fuels Corp., a provider of clean fuel for the transportation market, recently launched a program that allows heavy-duty fleets to operate a truck equipped with the Cummins 15-liter X15N n...

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Legislation modernizing railroad tax credits introduced

By Liz Carey  |   September 13, 2024   |   Featured

On Wednesday, U.S. Reps. Mike Kelly (R-PA) and Earl Blumenauer (D-OR) introduced legislation to help rail lines stay in operation and in good repair. The Short Line Railroad Tax Credit Modernizati...

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Hyundai, GM partner to accelerate vehicle development

By Melina Druga  |   September 13, 2024   |   Investment

Hyundai Motor Co. and General Motors (GM) recently signed an agreement to explore future collaboration. "This partnership will enable Hyundai Motor and GM to evaluate opportunities to enhance compe...

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North Carolina announces first award in EV charging station program

By Liz Carey  |   September 13, 2024   |   Investment

On Wednesday, North Carolina Gov. Roy Cooper announced the first round of awards for developer to install and operate Electric Vehicle (EV) charging stations using National Electric Vehicle Infrastruc...

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Report highlights status of aerospace, defense industry

By Melina Druga  |   September 12, 2024   |   Air

The Aerospace Industries Association (AIA), in collaboration with S&P Global Market Intelligence, recently published a report highlighting the strength of the aerospace and defense industry and its co...

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Report: EV chargers need amenities, other revenue sources to succeed

By Liz Carey  |   September 12, 2024   |   Featured

A new report has found that EV chargers need other amenities and sources of revenue around them in order to succeed. The report from the Next 10 and the Institute for Transportation Studies at UC ...

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Port of Oakland seeking developer for 50-acre site

By Melina Druga  |   September 12, 2024   |   City

The Port of Oakland is seeking a developer for a 50-acre site along the Oakland waterfront. The Howard Property is a former marine terminal that ceased operations in 2013 and is adjacent to industr...

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Legislation introduced to fix rural roads, bridges transporting farm goods

By Liz Carey  |   September 12, 2024   |   Federal

On Tuesday, U.S. Reps. David Valadao (R-CA) and Sheila Cherfilus-McCormick (D-FL) introduced legislation that would fix local roads and bridges used to transport goods from farms to markets. The l...

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Connecticut receives $3M in emergency funds for bridge, road repairs

By Melina Druga  |   September 11, 2024   |   Investment

The Federal Highway Administration (FHWA) recently made $3 million in “quick release” Emergency Relief (ER) funds available to the Connecticut Department of Transportation for road and bridge repa...

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Siemens to build new high-speed rail manufacturing facility in Upstate New York

By Liz Carey  |   September 11, 2024   |   Featured

On Thursday, US. Sen. Chuck Schumer (D-NY) announced that Siemens would build a new high-speed railcar manufacturing hub in Upstate New York. Schumer said the company would build high-speed trains...

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Virginia railroad purchases Manassas Line from Norfolk Southern

By Liz Carey  |   September 10, 2024   |   Investment

On Thursday, Virginia Passenger Rail Authority (VPRA) announced it had purchased the Manassas Line from Norfolk Southern Corporation. The purchase expands VPRA’s mission to promote and sustain p...

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Los Angeles awarded nearly $893M to support light rail line in the East San Fernando Valley

By Melina Druga  |   September 10, 2024   |   City

The Federal Transit Administration recently awarded the Los Angeles County Metropolitan Transportation Authority a $893.3 million Expedited Project Delivery Pilot Program grant. The grant will su...

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FAA announces more than $2B in grants for airport infrastructure improvements

By Liz Carey  |   September 10, 2024   |   Air

On Friday, the U.S. Department of Transportation’s Federal Aviation Administration (FAA) announced it had awarded more than $2 billion in grants for airports across the country to help with infrastr...

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