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

Home » Investment » Page 27

Investment

Autonomous vehicle tech company testing self-driving light electric vehicle service in Houston

By Liz Carey  |   July 11, 2024   |   Investment

On Monday, autonomous vehicle technology company Faction announced it was launching tests of a self-driving light electric vehicle service. The company said its proprietary technology, including i...

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FRA announces $1.1B in funding for rail crossing safety

By Liz Carey  |   July 11, 2024   |   Featured

On Tuesday, the U.S. Department of Transportation’s Federal Railroad Administration (FRA) announced it was making more than $1.1 billion in Railroad Crossing Elimination (RCE) grant funding availabl...

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Idaho seeks feedback on Transportation Investment Program document

By Melina Druga  |   July 10, 2024   |   Investment

The Idaho Transportation Department (ITD) is seeking feedback from the public on its Idaho Transportation Investment Program (ITIP) draft. “With the growth of traffic accelerating the need for i...

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California approves more than $1.9B for public transportation agencies

By Melina Druga  |   July 10, 2024   |   Investment

The California State Transportation Agency (CalSTA) recently approved more than $1.9 billion in Senate Bill 125 funds to support 22 public transportation agencies. The 2023 bill provided $5.1 billi...

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USDOT announces $11B in funding for Hudson River Tunnel Project

By Liz Carey  |   July 10, 2024   |   City

On Monday, the U.S. Department of Transportation announced the awarding of $11 billion in grants and financing to support the Hudson River Tunnel between New York and New Jersey. One of the larges...

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Amtrak adds more Northeast regional stops at Newark Liberty International Airport

By Liz Carey  |   July 9, 2024   |   Air

On Tuesday, Amtrak announced it had added 33 more weekly stops at the Newark Liberty International Airport for Northeast Regional service. The stops better align with customer demand across the no...

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North Dakota completes traffic study on roundabouts

By Melina Druga  |   July 9, 2024   |   News

Roundabouts reduce severe injury and fatal crashes by 59 percent in North Dakota, according to a recent North Dakota Department of Transportation (NDDOT) traffic study. The study examined the safet...

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U.S. Transportation Department awards $7M for positioning, navigation and timing technology companies

By Liz Carey  |   July 9, 2024   |   Featured

On Tuesday, the U.S. Department of Transportation (DOT) announced it had awarded contracts to nine companies support critical Global Positioning System infrastructure. The Complementary Positionin...

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CAV Corridor opens in southeast Michigan

By Liz Carey  |   July 8, 2024   |   Featured

This week, Michigan Cavnue and the state of Michigan announced the opening of the initial phase of the I-94 Connected and Automated Vehicle (CAV) Corridor, a first-of-its-kind smart road between Ann A...

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Funding opens for Reconnecting Communities Pilot Program

By Melina Druga  |   July 8, 2024   |   Federal

The U.S. Department of Transportation recently opened the application period for the third round of the Reconnecting Communities Pilot (RCP) Program. This round of funding is for more than $600 mil...

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Canadian National announces net-zero target approval

By Liz Carey  |   July 8, 2024   |   Investment

On Wednesday, the Canadian National Railway Company (CN) announced its net-zero by 2050 target was validated by the Science Based Targets initiative (SBTi). CN said using a science-based approach ...

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Oklahoma receives $113.8M in federal Transportation Infrastructure Finance and Innovation Act loans

By Melina Druga  |   July 5, 2024   |   Federal

The Build America Bureau recently approved three Transportation Infrastructure Finance and Innovation Act loans of up to $113.8 million for to the Oklahoma Capital Improvement Authority on behalf of t...

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Opportunities to connect to rail expanded for businesses

By Liz Carey  |   July 5, 2024   |   Featured

On Tuesday, Union Pacific Railroad announced it would give businesses additional connections to its network through five new Focus Sites. The Focus Sites, large-scale development sites for custome...

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Four Kansas projects receive nearly $45.3M in federal RAISE grants

By Melina Druga  |   July 3, 2024   |   Federal

The U.S. Department of Transportation recently awarded four Kansas infrastructure projects nearly $45.3 million in Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grants. ...

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FAA announces $289M in airport investments

By Liz Carey  |   July 3, 2024   |   Air

On Monday, the U.S. Department of Transportation’s Federal Aviation Administration (FAA) announced it had awarded another $289 million in grants to improve the safety and efficiency of air travel. ...

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California approves more than $2B in transportation funding

By Melina Druga  |   July 3, 2024   |   Featured

The California Transportation Commission (CTC) recently approved more than $2 billion for transportation projects statewide. “We are committed to providing a world-class transportation system by ...

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FAA announces more than $123M in airport improvement grants

By Debra Flax  |   July 2, 2024   |   Air

The U.S. Department of Transportation’s Federal Aviation Administration (FAA) announced last week more than $123 million has been awarded to 235 airports in 35 states and the District of Columbia fo...

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Massachusetts awarded more than $25M in RAISE grants

By Melina Druga  |   July 2, 2024   |   Federal

The U.S. Department of Transportation recently awarded Massachusetts more than $25 million in Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grants for three critical transp...

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New York project will renew 60 miles of pavement

By Melina Druga  |   July 2, 2024   |   Investment

The New York Department of Transportation recently began a two-year, $18.3 million project to renew 60 lane miles of pavement in Nassau and Suffolk counties. The project will enhance public safety ...

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Kansas awards $8.6M to 14 transportation construction projects

By Melina Druga  |   July 1, 2024   |   Investment

The Kansas Department of Transportation (KDOT) recently awarded 14 transportation construction projects statewide $8.6 million in Cost Share Program grants. “These new Cost Share projects will re...

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