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

  • TfL’s ‘Cycling Grants London’ scheme is open
    August 24, 2015
    Community groups and not-for-profit organisations are encouraged to apply for cycling grants, to help them promote pedal power through initiatives such as cycle training, bike maintenance and guided rides. Cycling Grants London is a new programme funded by Transport for London (TfL) and managed by the environmental regeneration charity, Groundwork. It offers funding to community groups such as residents’ associations, charities and youth groups for projects that encourage people of all ages and backgroun
    Read More
  • Kenya plans road toll tenders
    March 25, 2015
    Kenya plans to start tendering in May for toll-road contracts estimated by the government to be worth $2 billion to improve the efficiency of the East African nation’s biggest commercial routes, according to Bloomberg. The contracts will be in addition to the 45 deals worth about US$3.2 billion that the government will start awarding as early as next week, to double the nation’s paved-road network through an annuity program. The government is planning to introduce five toll projects covering about 800 kilom
    Read More
  • UK government invests £7m to boost cycle safety
    February 27, 2018
    The UK government will invest £7m ($5m) in cycling projects to improve road safety and create more bike-friendly areas that encourage more people to cycle as part of everyday journeys. It is part of the Department of Transport’s (DoT’s) cycle safety review, which aims to ensure that the country’s roads are as safe as possible for everyone using them. Eight cities, which have already received help from the government to promote cycling, will be able to bid for an additional £6.5m ($4.6m) of funding to
    Read More
  • US automakers commit to making AEB standard on new vehicles
    March 18, 2016
    Twenty US automakers, representing more than 90 per cent of the US auto market have committed to automatic emergency braking (AEB) a standard feature on virtually all new cars no later than 2022. Making the announcement, the US Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS) said that the commitment means that this important safety technology will be available to more consumers more quickly than would be possible
    Read More

Highlighted Content