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

  • Volkswagen to step up EV development
    October 16, 2015
    Volkswagen will cut investment plans at its biggest division by US$1.1 billion a year and step up development of electric vehicles (EV), as it battles to cope with the fallout from its cheating of diesel emissions tests, according to Reuters. The German company also said it would speed up cost cutting at the VW division, its largest by revenues, and put only the latest and ‘best environmental technology’ in diesel vehicles.
    Read More
  • Deadlines approach for Europe’s automatic crash alert system
    September 15, 2016
    The EU-co-funded I_ HeERO (Infrastructure_ Harmonised eCall European Pilot) project is working to ensure the readiness of national networks of call centres - known as public safety answering posts (PSAPs) - to deal with automated crash alerts arriving via the continent-wide 112 emergency phone number. Following on from its HeERO and HeERO2 pre-deployment predecessors, which enjoyed €16m (US$17.76m) in EU funding, the new initiative runs from 1 January 2015 to 31 December 2017. It has €30.9 million (US$34.
    Read More
  • US States use technology and smart solutions to battle winter weather
    December 18, 2013
    US state Departments of Transportation (DOTs) are gearing up to meet the challenge of maintaining a high level of service during the winter without the benefit of additional financial resources. High-tech solutions like GPS guidance systems and low-tech products like potato juice are helping states to cut costs, improve efficiency, and minimise environmental impacts. The Alaska Department of Transportation and Public Facilities uses a variety of advanced technologies to combat extreme winter weather and
    Read More
  • 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.
    Read More

Highlighted Content