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September 22nd, 2026
September 22nd, 2026
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Home » Investment » Page 244

Investment

Report calls for changes to address Pennsylvania’s funding crisis

By Melina Druga  |   April 3, 2019   |   News

A recent report calls for Pennsylvania state and local officials to address the state’s looming transportation funding crisis. Transit agencies throughout the state have been notified state capi...

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FHWA awards $53M in grants to multiple projects

By Melina Druga  |   April 3, 2019   |   Featured

The U.S. Department of Transportation's Federal Highway Administration (FHWA) recently awarded $53.2 million in Advanced Transportation and Congestion Management Technologies Deployment (ATCMTD) gran...

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Kentucky’s Pulaski County benefits from $25M federal investment into road project

By Chris Galford  |   April 3, 2019   |   City

KY 461 in Pulaski County gained an additional $25 million in federal funds last week to help further interchange improvement and road widening begun under a $59.5 million grant last year. Both fun...

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Smiths Detection awarded $96.8M computed tomography contract from TSA

By Chris Galford  |   April 2, 2019   |   Air

A $96.8 million computed tomography (CT) systems contract from the Transportation Security Administration (TSA) was awarded last week to Smiths Detection, Inc. The contract will cover the next fi...

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I-165, formerly William H. Natcher Parkway

Kentucky’s Natcher Parkway officially rebranded Interstate 165

By Chris Galford  |   April 1, 2019   |   City

While work is ongoing to re-sign the corridor, western Kentucky’s William H. Natcher Parkway has officially been designated as Interstate 165, making it federally recognized for its connection betw...

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Washington state unveils transportation spending plan

By Douglas Clark  |   April 1, 2019   |   Investment

Washington state lawmakers have unveiled the 2019-21 Transportation Budget, which totals nearly $9.8 billion in appropriations. “This budget keeps the promise we made in Connecting Washington to...

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Pennsylvania infrastructure projects to receive $54.7M in funding

By Melina Druga  |   March 28, 2019   |   Featured

A total of 106 transportation infrastructure projects in 40 Pennsylvania counties have received $54.7 million in funding through the Multimodal Transportation Fund (MTF). The projects were approve...

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CN plans $120M investment into Manitoba rail infrastructure

By Chris Galford  |   March 28, 2019   |   City

As a means of expanding and strengthening the area’s rail network, CN intends to invest $120 million into Manitoba in 2019. The investment is part of a larger investment from CN throughout the y...

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USDOT issues nearly $47M loan for third phase of Austin expressway project

By Chris Galford  |   March 26, 2019   |   City

The third phase of the Manor Expressway Project in Austin, Texas, will benefit from a $46.94 million loan from the U.S. Department of Transportation (USDOT) announced this week. The loan will be g...

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New York to invest over $70M in bridge projects on Long Island

By Melina Druga  |   March 26, 2019   |   Featured

New York will invest $70.4 million in bridge construction projects on Long Island, Gov. Andrew Cuomo said. The investments will ensure access to communities on the island and will enhance safety. ...

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Pennsylvania auditor general says turnpike is facing unsustainability

By Melina Druga  |   March 25, 2019   |   Featured

Pennsylvania Auditor General Eugene DePasquale recently said the Pennsylvania Turnpike Commission (PTC) is at risk of defaulting if traffic and revenue projections are not met. A state law that we...

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Illinois, Missouri legislators urge USDOT to support funding for Merchants Bridge

By Chris Galford  |   March 25, 2019   |   City

U.S. Rep Mike Bost (R-IL), together with a mix of fellow representatives and senators from Illinois and Missouri, requested federal funding this week for the modernization of a 129-year-old bridge ac...

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California Congressional members ask USDOT to maintain high speed rail project funds

By Chris Galford  |   March 22, 2019   |   Investment

Despite setbacks that have hit California’s high speed rail project to connect San Francisco with Los Angeles, regional members of Congress are pushing for federal funding to be maintained by Trans...

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SK Innovation to invest $1.67B into Georgia electric vehicle battery factory

By Chris Galford  |   March 21, 2019   |   City

SK Innovation announced plans Tuesday to build a factory dedicated to building electric vehicle batteries outside of Commerce City in Jackson County, Ga., with an initial investment of $1.67 billion....

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Atlanta to establish dedicated department of transportation

By Chris Galford  |   March 20, 2019   |   City

For the first time, the city of Atlanta will create its own department of transportation, according to Mayor Keisha Lance Bottoms. The announcement was made during the latest annual State of the ...

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APTA research shows at least $232B needed for critical public transportation investments

By Chris Galford  |   March 20, 2019   |   Featured

As Congress continues to eye a means of repairing the nation’s stunted infrastructure sector, the American Public Transportation Association (APTA) released new research this week identifying at le...

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Groundbreaking held on LAX people mover train

By Melina Druga  |   March 20, 2019   |   Air

The Los Angeles International Airport (LAX) recently held a groundbreaking ceremony for the airport’s Automated People Mover train. The train will move passengers to airport terminals. The proje...

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White House budget proposal includes more than $53M for Port of Corpus Christi project

By Chris Galford  |   March 18, 2019   |   City

Under the 2020 White House Budget proposal, the Port of Corpus Christi would receive $53,313,000 for a Ship Channel Improvement Project (CIP) under the U.S. Army Corps of Engineers (USACE). The c...

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MassDOT to begin work on the Tobin Bridge

By Melina Druga  |   March 18, 2019   |   City

The Massachusetts Department of Transportation (MassDOT) will begin work April 1 on the Maurice J. Tobin Memorial Bridge between Boston and Chelsea. The work will result in lane closures that wil...

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NLC report lays out steps for establishing roadway use taxes

By Chris Galford  |   March 15, 2019   |   Federal

A report presented by the National League of Cities (NLC) this week aims to fix road funding through the establishment of Road User Charge (RUC) systems -- more commonly known as roadway use charges....

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Investment News

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