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

  • Connected car market expected to reach US$131.9 billion in 2019
    February 3, 2014
    The latest report from Transparency Market Research, “Connected Car Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2019,” provides in depth analysis, market size estimates, market shares, and forecast covering the period 2013-2019 for the connected car market across the globe. It discusses market drivers, restraints, opportunities, and market trends. The global connected car market is primarily driven by the changing consumer preference and growing awareness about sa
  • Foxx proposes new rule to increase safety of rail transit systems
    February 24, 2015
    At the end of his four-day Grow America tour, US Transportation Secretary Anthony Foxx announced a proposed rule to increase oversight responsibilities of State Safety Oversight Agencies (SSOAs) by replacing the existing outdated regulatory framework with one designed to better evaluate the effectiveness of a rail transit agency’s system safety program. The proposed rule, issued by the Federal Transit Administration (FTA), would give states more resources to increase oversight over rail transit systems. It
  • New study on car scrappage schemes
    April 18, 2012
    Car fleet renewal schemes (cash for clunkers/car scrappage) introduced in the US, France and Germany fell short of their potential to deliver on environmental and safety objectives, according to a new report published by the International Transport Forum at the OECD and the FIA Foundation today.
  • Eurosmart: nearly one billion contactless smartcards shipped in 2013
    November 18, 2013
    The global desire for solutions which combine convenience and security shows absolutely no sign of stopping, according to Eurosmart, the acknowledged voice of the smart security industry Revealing some dramatic figures at the opening of CARTES 2013 today, Eurosmart estimates that 7.2 billion Smart Secure Devices will be shipped by the end of this year, with that number growing by 7% to more 7.7 billion units in 2014.