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May 16th, 2025
May 16th, 2025
Transportation Today News

Home » Investment » Page 43

Investment

Louisiana receives $88.3M federal loan

By Melina Druga  |   December 21, 2023   |   Federal

The U.S. Department of Transportation’s (USDOT) Build America Bureau recently provided the Louisiana Department of Transportation and Development (DOTD) with a $88.3 million Transportation Infrastru...

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New York State Thruway Authority receives $1.2M federal grant

By Melina Druga  |   December 21, 2023   |   Federal

The U.S. Department of Transportation recently awarded the New York State Thruway Authority with a $1.2 million Safe Streets and Roads for All grant. The Thruway Authority applied for the grant in...

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Senators push Biden administration to fund Washington Metropolitan Area Transit Authority

By Liz Carey  |   December 20, 2023   |   Federal

Citing national security and counterterrorism costs, U.S. senators from Maryland and Virginia are urging the Biden administration to include funding for the Washington Metropolitan Area Transit Author...

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Louisiana State Bond Commission receives $88.3M federal loan

By Melina Druga  |   December 20, 2023   |   Federal

The U.S. Department of Transportation’s Build America Bureau recently provided the Louisiana State Bond Commission with a $88.3 million loan. Funds will allow the Louisiana Department of Transpor...

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Tennessee reveals 10-year, $15B plan

By Melina Druga  |   December 20, 2023   |   Investment

The Tennessee Department of Transportation (TDOT) recently revealed a proposed 10-year, $15 billion fiscally-constrained project plan. This is the first such plan released by TDOT. “TDOT is pr...

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Massachusetts receives $372M in federal funding for Cape Cod bridges

By Liz Carey  |   December 19, 2023   |   Featured

Massachusetts Gov. Maura Healey said Friday that her state would receive $372 million in federal funding to rebuild bridges on Cape Cod. The award represents the full amount the state applied for ...

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Frontier Airlines expanding service out of Pittsburgh

By Melina Druga  |   December 18, 2023   |   Air

Frontier Airlines plans to expand service out of Pittsburgh International Airport (PIT) in May. Beginning on May 16, service will be available from PIT to Philadelphia International Airport twice d...

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First EV charger station built through NEVI opens

By Melina Druga  |   December 18, 2023   |   Investment

The first EV fast charging station built as part of the National Electric Vehicle Infrastructure (NEVI) program recently opened in Central Ohio. The station is located at the London Pilot Travel Ce...

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Idaho invests $100M into 48 projects improving local roads

By Liz Carey  |   December 18, 2023   |   Investment

On Thursday, Idaho Gov. Brad Little announced that 48 transportation projects would receive a total of $100 million to improve local roads and defray local property taxes. Earlier this year, Littl...

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DOT announces $817M for Safe Streets and Roads for All program

By Liz Carey  |   December 15, 2023   |   Featured

On Wednesday, the U.S. Department of Transportation announced $817 million for more than 380 Safe Streets and Roads for All (SS4A) grants to improve safety and help prevent deaths and injuries on the ...

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Pennsylvania Transportation Department announces $42.5M approved for state rail projects

By Melina Druga  |   December 15, 2023   |   Investment

The Pennsylvania State Transportation Commission recently approved $42.5 million in Rail Transportation Assistance Program and the Rail Freight Assistance Program grants. Funding will go to 25 rai...

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U.S. Department of Transportation to offer $25M in Rural Autonomous Vehicle funding

By Melina Druga  |   December 15, 2023   |   Federal

The U.S. Department of Transportation will be awarding $25 million in Rural Autonomous Vehicle research program funding to accredited universities. The six-year cooperative agreement program funds...

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U.S. Transportation Department awards $645M in community grants for rural transportation, mobility projects

By Liz Carey  |   December 14, 2023   |   Featured

On Tuesday, the U.S. Department of Transportation said it had awarded more than $645 million to help rural communities complete transportation and mobility projects. Funded through the Rural Surfa...

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Houston METRO celebrates transit innovation

By Liz Carey  |   December 14, 2023   |   Investment

On Tuesday, Houston Mayor Sylvester Turner unveiled the METRO transit Authority’s new autonomous shuttle, part of the city’s move toward zero-emissions vehicles. During an update on the cityâ€...

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Trucking industry invests $14B annually in highway safety

By Melina Druga  |   December 13, 2023   |   Featured

The trucking industry invests $14 billion annually in technology, training and other expenditures to improve highway safety, according to a recent the American Trucking Associations’ (ATA) Safety Sp...

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Virginia maritime industry supports nearly 730,000 jobs

By Melina Druga  |   December 13, 2023   |   Investment

The maritime industry in Virginia supports nearly 730,000 jobs and is responsible for more than $8 billion in state and local taxes, according to a recent College of William & Mary economic impact stu...

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Transportation Department announces more than $8B for high-speed rail, pipeline grants

By Liz Carey  |   December 12, 2023   |   Featured

The U.S. Department of Transportation’s Federal Railroad Administration (FRA) announced Friday it had awarded $8.2 billion in grants for high-speed rail projects. The grants will fund 10 passeng...

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ARTBA releases 2024 construction outlook report

By Melina Druga  |   December 12, 2023   |   Federal

Washington, D.C. based American Road & Transportation Builders Association (ARTBA), a trade association representing the U.S. transportation construction industry, recently released a market outlook r...

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BroadRange Logistics expands its footprint

By Melina Druga  |   December 11, 2023   |   Investment

Forest Park, Ga.-based BroadRange Logistics, a warehousing and fulfillment services provider, recently expanded its facilities footprint to 7 million square feet of warehouse space by opening new ware...

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Rep. Titus announces funding for high-speed rail connecting Las Vegas, southern California

By Liz Carey  |   December 7, 2023   |   Federal

U.S. Rep. Dina Titus (D-NV) announced Tuesday the Nevada Department of Transportation will receive $3 billion a high-speed rail system connecting Las Vegas and southern California. Part of the Bip...

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