Skip to main content

USDOT seeks applications for new FASTLANE grant program

The US Department of Transportation (USDOT) is soliciting applications for the Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) grant program, a new program in the Fixing America’s Surface Transportation (FAST) Act to fund critical freight and highway projects across the country. The FAST Act authorises US$800 million in funding for the FASTLANE program for fiscal year 2016, with 25 per cent reserved for rural projects, and 10 per cent
February 29, 2016 Read time: 2 mins
The 324 US Department of Transportation (USDOT) is soliciting applications for the Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) grant program, a new program in the Fixing America’s Surface Transportation (FAST) Act to fund critical freight and highway projects across the country.  The FAST Act authorises US$800 million in funding for the FASTLANE program for fiscal year 2016, with 25 per cent reserved for rural projects, and 10 per cent for smaller projects.   
 
“Our nation needs a strong multimodal freight system to both compete in the global economy and meet the needs of consumers and industry,” said US Transportation Secretary Anthony Foxx.  “We now have an opportunity to fund high-impact projects that address key challenges affecting the movement of people and freight.”
 
FASTLANE grants will address many of the challenges outlined in the USDOT report Beyond Traffic, including increased congestion on the nation’s highways and the need for a strong multimodal transportation system to support the expected growth in freight movement both by ton and value.  It is also in line with the Department’s draft National Freight Strategic Plan released in October 2015, which looks at challenges and identifies strategies to address impediments to the efficient flow of goods throughout the nation.

For more information on companies in this article

Related Content

  • FDOT to rebuild major segment of I-4
    September 10, 2014
    US transportation secretary Anthony Foxx has announced a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan of US$950 million to help pay for the reconstruction and widening of 21 miles of Interstate 4 in metropolitan Orlando, Florida. This is the largest loan the Department has awarded to a public-private partnership (P3). When completed, the project will relieve congestion in one of the country's most heavily-travelled areas. Known as the I-4 Ultimate, the project is part of the 54-y
  • Integrated corridor management aids multi-modal transport planning
    January 24, 2012
    Telvent’s Jorgen Pedersen and Tip Franklin discuss how integrated corridor management can create synergies within a multimodal transportation infrastructure, while promoting modal shift. The mantra ‘We cannot build ourselves out of congestion’ has long been stated and too often ignored. But with the economy in dire straits, funding deficits and pressure to reduce governmental spending, this is now being taken seriously by almost everyone who has an interest in the flow of traffic. By ‘everyone’ we include
  • Traffic enforcement driving ANPR growth: report
    February 10, 2015
    According to a new market report published by Transparency Market Research, Automatic Number Plate Recognition Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020, the automatic number plate recognition market globally is forecast to reach US$1,023.2 million by 2020. The key factors driving the growth of this market include increased adoption in traffic enforcement and surveillance applications and increasing trend of automatic number plate recognition (ANPR) integrati
  • Intelligent transportation system (ITS) market worth US$63.66 Billion by 2022
    July 15, 2016
    According to a new market research report, Intelligent Transportation System Market by Roadway (Hardware, Software, & Services), Aviation Tool (Kiosk, Multi-User Flight Information Display, and Smart Gate System), Railway, Maritime, Protocol, Application, and Geography - Global Forecast to 2022", published by MarketsandMarkets, the ITS market size, in terms of value, is expected to grow from US436.10 billion in 2015 to US$63.66 billion by 2022, at a CAGR of 8.3 per cent between 2016 and 2022. The major g