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

Home » Investment » Page 25

Investment

Long-range plan, “Connecting Texas 2050,” adopted by TxDOT

By Liz Carey  |   August 2, 2024   |   Featured

On Monday, the Texas Transportation Commission announced it had adopted it long-range transportation plan. The plan, “Connecting Texas 2050,” will serve as the planning document to help offici...

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MassDOT releases final Beyond Mobility plan

By Liz Carey  |   August 2, 2024   |   Investment

On Wednesday, the Massachusetts Department of Transportation released its final Beyond Mobility plan that would provide the agency with guidance on decision making and investments through 2050. Th...

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Pennsylvania to invest more than $30M in traffic signal upgrades

By Liz Carey  |   August 2, 2024   |   Investment

On Wednesday, the Pennsylvania Department of Transportation announced that 63 municipalities across the state will get more than $30 million in traffic signal upgrades. Pennsylvania Gov. Josh Shap...

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New Mexico awarded $71M for bridge replacement project

By Liz Carey  |   August 1, 2024   |   Federal

On Tuesday, the New Mexico Department of Transportation announced it had received a $71 million grant to replace the I-25 Nogal Canyon Bridge in Socorro County. The funding, part of the Federal Hi...

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FAA announces $427M in funding for 245 airport-related infrastructure grants

By Liz Carey  |   August 1, 2024   |   Air

On Tuesday, the U.S. Department of Transportation’s Federal Aviation Administration (FAA) announced it had awarded $427 million in funding for airport modernizations and improvement projects. Th...

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Amtrak initiates plan to improve operations at Washington Union Station

By Liz Carey  |   July 31, 2024   |   Investment

On Monday, Amtrak announced it would be launching a program to revitalize and improve the operations at Washington Union Station, to focus on the customer experience. Officials said the move comes...

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Idaho Transportation receives railway safety award

By Liz Carey  |   July 31, 2024   |   News

The Idaho Transportation Department was one of BNSF Railway Company’s inaugural “Tracking to Zero” award winners this month. ITD was honored for its dedication to improving railway grade cro...

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Pittsburgh Regional Transit to request federal loan for purchase of new rail cars

By Debra Flax  |   July 30, 2024   |   City

Pittsburgh Regional Transit’s (PRT) Board approved a resolution Friday authorizing the agency to submit a letter of interest to the Build America Bureau for the Transportation Infrastructure Finance...

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Delaware transportation center wins NASTO award

By Melina Druga  |   July 29, 2024   |   Investment

The Northeast Association of State Transportation Officials (NASTO), a group of representatives from the state transportation departments of the Northeastern United States and the Canadian provinces o...

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Washington’s aerospace industry contributed more than $71B in revenue in 2023

By Melina Druga  |   July 29, 2024   |   Air

In 2023, Washington state’s aerospace industry had more than $71 billion in business revenue, according to a recent Seattle Metropolitan Chamber of Commerce and Community Attributes report. "The ...

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Senate Appropriations Committee approves transportation spending in FY 2025 budget

By Liz Carey  |   July 29, 2024   |   Federal

On Thursday, the U.S. Senate Appropriations Committee met for a full committee markup and approved appropriations for transportation in the fiscal year 2025 budget. Totaling more than $98 billion ...

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North Carolina awards short line railroads $1.8M for improvement projects

By Melina Druga  |   July 26, 2024   |   Investment

The North Carolina Department of Transportation's (NCDOT) Rail Division recently awarded three short line railroads $1.8 million in 50-50 matching Freight Rail and Rail Crossing Safety Improvement Pro...

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Portion of Pennsylvania Turnpike converting to Open Road Tolling in January

By Melina Druga  |   July 26, 2024   |   Investment

The Pennsylvania Turnpike Commission recently held an event in King of Prussia to discuss plans to convert its tolling system in January to Open Road Tolling (ORT) east of Reading and on the Northeast...

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Ford, Sunrun and Maryland’s BGE launch vehicle-to-home charging program

By Liz Carey  |   July 26, 2024   |   Featured

On Wednesday, Ford Motor Company joined Sunrun and Maryland power company BGE to launch the nation’s first ever vehicle-to-home charging program The companies said they would be piloting a progra...

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Legislation introduced to extend biodiesel tax credit

By Liz Carey  |   July 26, 2024   |   Federal

On Wednesday, U.S. Rep. Mike Carey (R-OH) introduced legislation that would extend tax incentives to encourage the use of biodiesel. The bipartisan legislation was co-sponsored by U.S. Reps. Annie...

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Massachusetts awarded $360,000 federal grant for mobility management pilot program

By Melina Druga  |   July 25, 2024   |   Federal

The Federal Transit Administration recently awarded the Massachusetts Department of Transportation (MassDOT) a $360,000 Innovative Coordinated Access & Mobility Program grant. Funding will be used ...

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Ohio using bridge launching method on Route 8 bridge

By Melina Druga  |   July 25, 2024   |   Investment

The Ohio Department of Transportation recently began erecting a bridge using the bridge launching method in Akron as part of the $158 million State Route 8 bridge replacement project. This is the...

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New York starts rehabilitation project on Callicoon Bridge

By Liz Carey  |   July 25, 2024   |   City

On Monday, New York Gov. Kathy Hochul said work has begun on a $17.8 million project to rehabilitate the Callicoon Bridge over the Delaware River. The bridge links Bridge Street in the town of Cal...

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South Dakota awards $10M to eight airports

By Melina Druga  |   July 24, 2024   |   Air

The South Dakota Department of Transportation recently awarded eight airports $10 million in South Dakota Airport Terminal Program (SDATP) grants. The program supports airport terminal projects sta...

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Rhode Island celebrates completion of Phase 1 NEVI program

By Liz Carey  |   July 23, 2024   |   Featured

Rhode Island Gov. Dan McKee joined state and federal officials to celebrate the state’s achievement as the first in the nation to complete Phase 1 of the alternative fuel corridor under the National...

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