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May 17th, 2025
May 17th, 2025
Transportation Today News

Home » Investment » Page 36

Investment

FAA awards airport control towers $20M in grants

By Melina Druga  |   March 25, 2024   |   Air

The Federal Aviation Administration (FAA) recently awarded 20 airport-owned airport traffic control towers in 17 states $20 million in Airport Infrastructure Grants Federal Contract Tower Competitive ...

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Wyoming awarded $1.5M federal grant for technology project

By Melina Druga  |   March 25, 2024   |   Federal

The U.S. Department of Transportation recently awarded the Wyoming Department of Transportation (WYDOT) a $1.5 million Strengthening Mobility and Revolutionizing Transportation grant to create smarter...

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Wisconsin Gov. Evers signs legislation supporting Electric Vehicle infrastructure

By Liz Carey  |   March 22, 2024   |   Investment

On Wednesday, Wisconsin Gov. Tony Evers signed legislation into law enabling the Wisconsin Department of Transportation to receive and administer more than $78 million in federal funds for the stateâ€...

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MTA awarded $2M federal SMART grant for automated railcar inspection program

By Melina Druga  |   March 22, 2024   |   Featured

The U.S. Department of Transportation (USDOT) recently awarded the Metropolitan Transportation Authority (MTA), North America's largest transportation network, with a $2 million Strengthening Mobility...

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Airports nationwide awarded $110M for safety projects

By Melina Druga  |   March 22, 2024   |   Air

The Federal Aviation Administration (FAA) recently awarded $110 million in Bipartisan Infrastructure Law funding to more than 70 airports nationwide for projects that increase safety and expand capaci...

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Hitachi America, Hitachi Energy, and Penske Truck Leasing launch electric truck project

By Melina Druga  |   March 21, 2024   |   Investment

Hitachi America, Hitachi Energy, and Penske Truck Leasing recently launched a large-scale, centralized electric truck charging solution. “Investing in our capabilities with electric vehicles and...

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FHWA to award $44.5M in active transportation grants

By Melina Druga  |   March 21, 2024   |   Federal

The Federal Highway Administration (FHWA) recently opened the application period for up to $44.5 million in Active Transportation Infrastructure Investment Program grants. Active transportation mob...

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U.S. Commerce Department announces agreement with Intel on semiconductor investment

By Liz Carey  |   March 21, 2024   |   Featured

On Wednesday, the U.S. Department of Commerce announced it had reached a non-binding preliminary agreement with Intel Corporation to provide up to $8.5 billion in funding to strengthen the U.S. supply...

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New York and New Jersey Port Authority reaches agreement with city, state to replace midtown bus terminal

By Liz Carey  |   March 20, 2024   |   City

Recently, the city and state of New York reached an agreement with the Port Authority of New York and New Jersey to support the $10 billion replacement and expansion of the Port Authority Bus Terminal...

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Pennsylvania officials push transit budget proposal

By Melina Druga  |   March 20, 2024   |   Investment

Pennsylvania state transportation officials and an operator from rabbittransit, a Pennsylvania regional public transportation provider, recently spoke about how Gov. Josh Shapiro's budget proposal to ...

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Sen. Peters calls on deployment of connected vehicle technology to improve roadway safety

By Liz Carey  |   March 19, 2024   |   Federal

U.S. Sen. Gary Peters (D-MI), chair of the Subcommittee on Surface Transportation, is calling on the U.S. Department of Transportation to prioritize implementing connected vehicle technologies to impr...

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Build America Bureau to make $100M available through new program

By Melina Druga  |   March 19, 2024   |   Federal

The Build America Bureau will be offering $100 million in grants over five years through the Innovative Finance and Asset Concession Grant Program, a new program authorized by the Bipartisan Infrastru...

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Projects receive more than $50M in SMART grants

By Melina Druga  |   March 18, 2024   |   Federal

The U.S. Department of Transportation recently awarded 34 technology demonstration projects nationwide more than $50 million in Strengthening Mobility and Revolutionizing Transportation (SMART) Grants...

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New FRA grants will support intercity passenger rail service

By Liz Carey  |   March 18, 2024   |   Featured

On Thursday, the U.S. Department of Transportation’s Federal Railroad Administration (FRA) said it had awarded nearly $1 million in grants to support multi-state and regional passenger rail service ...

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FHWA launches Low Carbon Transportation Materials Program

By Melina Druga  |   March 15, 2024   |   Federal

The Federal Highway Administration (FHWA) recently launched its Low Carbon Transportation Materials Program. The program’s goal is to lower air pollution, specifically greenhouse gas emissions (...

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Michigan awards 10 rail projects $16M in state rail enhancement grants

By Melina Druga  |   March 15, 2024   |   Investment

The Michigan Department of Transportation (MDOT) recently awarded 10 freight rail projects $16 million in 2024 Michigan Rail Enhancement Grant Program (M-REP) grants, which leverage approximately $11 ...

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Massachusetts delegation announces $335M for I-90 project

By Liz Carey  |   March 15, 2024   |   Featured

On Wednesday, U.S. Sen. Elizabeth Warren (D-MA) joined other Massachusetts officials to announce a $335 million federal grant to help fund the Allston I-90 project. Massachusetts Gov. Maura Healey...

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USDOT awards $3.33B in neighborhood access grants

By Melina Druga  |   March 14, 2024   |   Federal

The U.S. Department of Transportation recently awarded 132 projects nationwide $3.33 billion in Reconnecting Communities Pilot and Neighborhood Access and Equity grants. The department awarded 8 ...

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Zero-emission freight corridor strategy rolled out by Biden administration

By Dave Kovaleski  |   March 14, 2024   |   Federal

A new long-term strategy to deploy zero-emission medium- and heavy-duty vehicle (ZE-MHDV) charging and hydrogen fueling infrastructure was introduced this week by the Biden Administration. The admi...

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U.S. electric vehicle investments reach $188B thanks to Inflation Reduction Act

By Chris Galford  |   March 14, 2024   |   Featured

While electric vehicle manufacturing investments have been rising for the past nine years, a new report from the Environmental Defense Fund (EDF) found that the Inflation Reduction Act (IRA) of 2022 k...

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Investment News

  • Pennsylvania to open application period for Intermodal Cargo Growth Incentive Program
  • USDOT awards more than $607M to 76 infrastructure projects
  • Mineta Transportation Institute says cybersecurity in transit still not on track
  • Final segment of Illinois rail improvements to move forward
  • Sound Transit launches extension on 2 Line

Most Read Last 7 Days

  • Legislation incentivizing buying American-made cars introduced
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  • Rail still not back to pre-pandemic ridership levels, GAO finds
  • USDOT unveils plan for new air traffic control system
  • Legislation introduced to modernize rail line tax credits
  • New York City’s transit authority releases 2023 budget, fiscal plan
  • MTA receives $68.4B in funding as part of the FY26 Enacted Budget
  • Air Traffic Control workforce legislation introduced
  • Port of Oakland launches effort to expedite agricultural exports
  • Airports nationwide awarded $110M for safety projects
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