FASTLANE receives 212 applications for infrastructure funding

The US Department of Transportation has received 212 applications totalling nearly US$9.8 billion for grants through the newly-created Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) grant program. Of these, 136 represent projects in urban areas, while the remaining 76 would support rural projects. “Transportation creates jobs and makes jobs of the future possible. We know there is pent up demand for projects that will speed up th
May 23, 2016 Read time: 1 min
The 324 US Department of Transportation has received 212 applications totalling nearly US$9.8 billion for grants through the newly-created Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) grant program.

Of these, 136 represent projects in urban areas, while the remaining 76 would support rural projects.

“Transportation creates jobs and makes jobs of the future possible. We know there is pent up demand for projects that will speed up the delivery of goods and make America even more competitive.  Today, we have even more evidence,” said US Transportation Secretary Anthony Foxx.  “We're going to do our best to support high impact transportation projects that will lay a new foundation for job creation and exporting American made goods throughout the world.”
 
The FASTLANE program was established in December 2015 as part of the Fixing America’s Surface Transportation (FAST) Act to fund critical freight and highway projects across the country.

For more information on companies in this article

Related Content

  • IBTTA’s Jones sees turbulent times and a bright future for tolling
    November 10, 2017
    Colin Sowman talks to IBTTA’s Pat Jones about the future of tolling in a fast-changing world. Pat Jones may have been executive director and CEO of the International Bridge, Tunnel and Turnpike Association (IBTTA) for 15 years but in his words: “Never before have I seen so much change coming so fast in the transportation and tolling industry.” Amidst all this change, tolling companies are asked to provide funding for roadway building or improvements which will be repaid for over, say, a 30-year concess
    Read More
  • Funding approved for US Ohio River Bridges Project
    December 19, 2013
    US Transportation Secretary Anthony Foxx has announced a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for US$452 million to finance the Downtown Crossing section of the Louisville and Southern Indiana Ohio River Bridges Project. The cost of the Downtown Crossing, which Kentucky is funding, is around US$1.3 billion, and represents one half of the bi-state Ohio River Bridges project, which also includes the new East End Bridge, also spanning the Ohio River eight miles to the north
    Read More
  • “Gas tax hasn't gone up since 1993: that's where tolling can come in”
    March 14, 2025
    IBTTA president James Hofmann talks to Adam Hill about new beginnings plus the need for tolling to get the user experience right, streamlining digital experiences - and what to expect from the IBTTA Technology Summit in Dallas
    Read More
  • ACE report: private sector and user-pay for English roads
    May 16, 2018
    It’s one minute to midnight for funding England’s roads, according to a timely new report - and the clock’s big hand is pointing to some form of user-pay solution, reports David Arminas. Is there any way out of future user-pay funding for England’s highway infrastructure? The answer is a resounding ‘no’, according to the recently-published report Funding Roads for the Future. The 25-page document by the London-based Association for Consultancy and Engineering (ACE) calls for a radical rethink about how to
    Read More

Highlighted Content