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

  • Q-Free increases its stake in Intelight
    March 20, 2015
    Q-Free has increased its stake in US traffic controller supplier, Intelight, with a five year option program which will give shareholders the option to sell shares at closing in 2015 and in five subsequent years valid from 2016. The deal will give Q-Free the opportunity to add some 15 per cent of Intelight shares to its current 10.2 per cent shareholding each year. At end of the five year period, Q-Free has the option to acquire the rest of the shares. The first transaction will be closed during the second
  • White Paper focuses on British Columbia infrastructure needs
    November 7, 2014
    With the economic prosperity of British Columbia and Western Canada relying increasingly on global trade and our ability to deliver goods to foreign markets, the Business Council of British Columbia (BCBC) has released Building BC for the 21st Century: A White Paper on Infrastructure Policy and Financing in advance of its second annual BC Business Summit today. The paper examines the existing infrastructure networks – including transport, utilities, telecommunications, hospitals and schools – and their
  • Why New York MTA needs $12bn – now!
    September 23, 2020
    Memo to US government: Public transit has been put under severe strain by Covid-19 – and New York’s Metropolitan Transportation Authority is sounding the alarm
  • ITS World Congress Hall of Fame winners announced
    September 7, 2016
    The ITS World Congress 2016 Hall of Fame winners have been announced and will be inducted into the Hall of Fame at the 23rd ITS World Congress on Intelligent Transport Systems, 10-14 October, Melbourne, Australia.