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

Home » Investment » Page 26

Investment

Amtrak launches Susquehanna River Rail Bridge Project

By Melina Druga  |   July 23, 2024   |   Investment

Amtrak’s recently held a groundbreaking ceremony for the $2.7 billion Susquehanna River Rail Bridge Project in Northeast Maryland. The bridge serves approximately 110 daily Amtrak, Maryland Area ...

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Washington State Ferries partners with technology company

By Melina Druga  |   July 23, 2024   |   Investment

Washington State Ferries (WSF), a division of the Washington State Department of Transportation, recently partnered with ABB, an electrification and automation technology company, to support the desig...

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FHWA announces $394M for I-55 Bridge in Memphis

By Liz Carey  |   July 22, 2024   |   City

On Thursday, the U.S. Department of Transportation’s Federal Highway Administration announced it had awarded nearly $394 million to the Tennessee Department of Transportation for the I-55 bridge bet...

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Georgia to invest $1.5B in transportation infrastructure

By Liz Carey  |   July 22, 2024   |   Air

On Thursday, Georgia Gov. Brian Kemp said the state’s historic $1.5 billion investment in transportation infrastructure would serve as a down payment on future investments. The funding will pay ...

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GE Aerospace investing more than $1B to update facilities

By Melina Druga  |   July 22, 2024   |   Air

Ohio-based GE Aerospace, an aerospace propulsion, services, and systems company, recently announced it plans to invest more than $1 billion worldwide over five years in its Maintenance, Repair and Ove...

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Pennsylvania to receive $500M for I-83 bridge repair

By Liz Carey  |   July 19, 2024   |   Featured

On Wednesday, Pennsylvania Gov. Josh Shapiro announced the Pennsylvania Department of Transportation (PennDOT) would receive $500 million to fund replacing the I-83 South Bridge in Harrisburg. The...

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Washington State DOT opens applications for Sustainable Aviation Grant program

By Melina Druga  |   July 19, 2024   |   Air

The Washington State Department of Transportation (WSDOT) Aviation Division recently opened the application period for the newly created Sustainable Aviation Grant program. The program funds sustai...

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Aviation groups urge Congress to prioritize FAA modernization budget

By Melina Druga  |   July 18, 2024   |   Air

A coalition of aviation industry stakeholders recently sent a letter to Congressional leaders, requesting a larger investment in the Federal Aviation Administration’s (FAA) air traffic control moder...

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FHA announces $5B to repair large bridges across the country

By Liz Carey  |   July 18, 2024   |   Federal

On Tuesday, the U.S. Department of Transportation’s Federal Highway Administration (FHA) announced it had awarded more than $5 billion in Large Bridge Project funds. The awards, part of the Bridg...

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Atlanta seeking public feedback on Transportation Improvement Plan amendment

By Melina Druga  |   July 17, 2024   |   City

The Atlanta Regional Commission (ARC), the planning agency for the 11-county Atlanta region, is seeking public comments through Friday on an amendment to its regional Transportation Improvement Plan (...

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FRA announces $153M funding for intercity passenger rail services available

By Liz Carey  |   July 16, 2024   |   Featured

On Friday, the U.S. Department of Transportation’s Federal Railroad Administration (FRA) announced it would be making available more than $153 million in funding for intercity passenger rail service...

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Cape Cod bridge replacement project awarded nearly $1B investment grant

By Melina Druga  |   July 16, 2024   |   Federal

The U.S. Department of Transportation recently awarded the Massachusetts Department of Transportation (MassDOT) and U.S. Army Corps of Engineers (USACE) a nearly $1 billion Bridge Investment Program g...

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Amtrak Awards East River Tunnel Rehabilitation construction contract

By Liz Carey  |   July 16, 2024   |   City

On Friday, Amtrak announced it had selected Skanska E-J ERT Joint Venture to handle the construction of major rehabilitation of the East River Tunnel in New York City. The East River Tunnel Rehabi...

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Rhode Island completes electric bus in-line charging station

By Melina Druga  |   July 15, 2024   |   Investment

Rhode Island recently held an event to celebrate the completion of construction on the state’s first electric bus in-line charging station. It was attended by members of the Rhode Island Public Tra...

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NJ TRANSIT receives $99.5M grant to modernize bus garage in Secaucus

By Melina Druga  |   July 15, 2024   |   Federal

The Federal Transit Administration (FTA) recently awarded NJ TRANSIT, the nation's largest statewide public transportation system, a $99.5 million grant. The agency will use the funding to moderniz...

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DOE announces nearly $2B to convert facilities for electric vehicles

By Liz Carey  |   July 15, 2024   |   Federal

On Thursday, the U.S. Department of Energy (DOE) announced $1.7 billion in grants to help convert 11 shuttered or at-risk auto manufacturing and assembly facilities. The facilities are across eigh...

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Maryland DOT awards $12.1M in EV Infrastructure program grants

By Melina Druga  |   July 12, 2024   |   Federal

The Maryland Department of Transportation recently awarded $12.1 million in federal National Electric Vehicle (EV) Infrastructure program grants. The program was created to accelerate the deploymen...

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Caltrans awards more than $51M to climate resistant projects

By Melina Druga  |   July 12, 2024   |   Investment

The California Department of Transportation (Caltrans) recently awarded $51.4 million in planning grants to 89 projects designed to make the state’s transportation system more resilient to climate c...

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Maritime Administration announces funding for 15 small shipyards

By Liz Carey  |   July 12, 2024   |   Federal

On Wednesday, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced it had awarded grants to 15 small shipyards in 12 states as part of the Small Shipyard Grant Program ...

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Massachusetts receives nearly $60M for low- or zero-emission buses

By Melina Druga  |   July 11, 2024   |   Federal

The Federal Transit Administration’s recently awarded Massachusetts nearly $60 million in Low or No Emission Grant Program funding to support the transition to low- or zero-emission buses. The Ma...

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