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May 11th, 2025
May 11th, 2025
Transportation Today News

Home » Investment » Page 63

Investment

FTA publishes details on formula funding to help communities operate public transit

By Melina Druga  |   April 17, 2023   |   Federal

The Federal Transit Administration (FTA) recently published details about the formula funding used to help communities maintain and operate trains, buses, and ferries. A total of $14 billion will ...

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EPA proposes new pollution standards to accelerate clean-transportation future

By Liz Carey  |   April 14, 2023   |   Featured

On Wednesday, the U.S. Environmental Protection Agency (EPA) announced new proposed federal emission standards for vehicles, standards it said would accelerate the transition to clean-transportation. ...

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Federal Highway Administration awards nearly $300M to bridge projects

By Melina Druga  |   April 14, 2023   |   Federal

The Federal Highway Administration (FHWA) recently awarded nearly $300 million in Bridge Investment Program grants to nine bridge projects in eight states and the District of Columbia. “When brid...

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MBTA purchases property needed to improve rail service

By Melina Druga  |   April 14, 2023   |   City

The Massachusetts Bay Transportation Authority (MBTA) recently completed its $255 million purchase of Widett Circle, a component to improve commuter rail service in Boston. Widett Circle is 24 acr...

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Minneapolis-St. Paul awarded $239M transit grant

By Melina Druga  |   April 13, 2023   |   City

The Federal Transit Administration (FTA) recently awarded the Twin Cities’ Metropolitan Council a $239.3 million Capital Investment Grants program grant award for its Gold Line Bus Rapid Transit (BR...

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Mississippi legislature approves nearly $2B in infrastructure investment

By Liz Carey  |   April 12, 2023   |   Air

On Monday, the Mississippi legislature voted to fund nearly $2 billion in state infrastructure projects through the Mississippi Department of Transportation. MDOT received $1.5 billion earmark-fre...

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Rhode Island program would make $20M available for infrastructure projects

By Melina Druga  |   April 12, 2023   |   Investment

The proposed RIReady Municipal Road Fund Program in Gov. Dan McKee’s fiscal year 2024 budget would make available $20 million for bridge, road, and sidewalk projects on locally maintained city and t...

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USDOT awards more than $21M to under-resourced, disadvantaged communities

By Liz Carey  |   April 11, 2023   |   Featured

On Friday, the U.S. Department of Transportation (USDOT) announced it had awarded $21.15 million in federal grants to 64 communities to help them access federal funding for infrastructure projects. ...

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Amtrak completes $3.2M North Carolina station project

By Melina Druga  |   April 11, 2023   |   Investment

Amtrak recently completed its $3.2 million station upgrade project in Gastonia, N.C. “Making our stations accessible to all customers is a priority, and we’re actively performing construction, ...

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Federal agencies testing biofuels for rail industry

By Melina Druga  |   April 11, 2023   |   Federal

The U.S. Department of Energy’s Argonne National Laboratory and Progress Rail and the Federal Railroad Administration will complete the third phase of a three-phase biofuel research project. The ...

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Walmart to add fast-charging EV charging stations to thousands of locations

By Liz Carey  |   April 10, 2023   |   Featured

Walmart will add thousands of locations where electric vehicle (EV) charging stations can be accessed, Walmart’s Sr. Vice President of Energy Transformation said on Thursday. Vishal Kapadia wrot...

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Delaware celebrates the completion of I-95 project

By Liz Carey  |   April 10, 2023   |   Featured

Delaware Gov. John Carney and Delaware Department of Transportation Secretary Nicole Majeski joined other state and local officials on Thursday to celebrate the completion of the I-95 Restore the Corr...

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Alabama governor announces $5.1M in road and bridge projects

By Liz Carey  |   April 7, 2023   |   Investment

On Wednesday, Alabama Gov. Kay Ivey announced the state had awarded cities and counties more than $5.1 million for road and bridge projects. The funding is part of the Annual Grant Program, created...

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NY/NJ Port Authority, NASA partner for flight technology

By Melina Druga  |   April 7, 2023   |   Air

The Port Authority of New York and New Jersey and NASA recently entered into a five-year non-reimbursable Space Act agreement to collaborate on initiatives within the Port District’s airspace. â€...

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PHMSA awards $196M in natural gas pipeline grants

By Melina Druga  |   April 7, 2023   |   Featured

The Pipeline and Hazardous Materials Safety Administration (PHMSA) recently awarded $196 million in Natural Gas Distribution Infrastructure Safety and Modernization grants to 37 projects in 19 states....

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Robotics company raises $75M in funding

By Melina Druga  |   April 6, 2023   |   Investment

Covariant, a California-based artificial intelligence (AI) robotics company, recently raised an additional $75 million in Series C funds, bringing the total to $222 million. The company will use t...

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Reps. Fitzpatrick, Sanchez introduce natural gas tax credit bill for transportation

By Liz Carey  |   April 6, 2023   |   Federal

U.S. Reps. Brian Fitzpatrick (R-PA) and Linda Sanchez (D-CA) announced Friday they had introduced legislation that would provide sellers of renewable natural gas used for transportation with a tax cre...

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Wildlife-Vehicle collision prevention program launched

By Liz Carey  |   April 6, 2023   |   Featured

On Tuesday, the U.S. Department of Transportation (USDOT) announced it would be launching a first-of-its-kind program to prevent wildlife-vehicle collisions and improve road safety. The program, c...

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Washington, D.C., announces plans to fix roads in poor condition

By Melina Druga  |   April 5, 2023   |   Investment

Washington, D.C., recently launched the 2023 PaveDC campaign, an annual District Department of Transportation (DDOT) campaign to eliminate all roads in poor condition by 2024. This year’s plan is...

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Philadelphia begins construction on MLK Drive Bridge project

By Melina Druga  |   April 4, 2023   |   Federal

Philadelphia recently began construction on the Martin Luther King, Jr. (MLK) Drive Bridge project, possible because of a $20.1 million investment from the federal Bipartisan Infrastructure Law. Th...

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