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

  • New joint report outlines EU and US cooperation on connected vehicle standards
    October 24, 2012
    The United States and the European Union (EU) are working together to foster international connected vehicle research and international harmonisation of the technology and standards necessary for broad deployment of connected vehicle systems.
    Read More
  • ‘Need for sustainable transportation infrastructure drives the ITS market’
    October 30, 2012
    According to a new report by Global Industry Analysts (GIA), the global Intelligent Transportation Systems market is projected to reach US$22.7 billion by the year 2018, driven primarily by the need to enhance road safety by efficiently managing traffic, enforcing speed limits and easing traffic congestion. Rising demand from developing nations to incorporate ITS solutions also bodes well for the future of the market. The report provides a comprehensive review of trends, product developments, mergers, acqu
    Read More
  • Hard shoulder running aids uniform traffic flow and safer driving
    January 23, 2012
    David Crawford detects a market for European experience. Well-established now in at least three European countries, Hard Shoulder Running (HSR) on motorways is exciting growing interest in the US. A November 2010 Report to Congress by the Federal Highway Administration (FHWA), on the Efficient Use of Highway Capacity, notes the role of HSR in the European-style Active Traffic Management (ATM) strategies now being recommended for implementation in the US where, until recently, they were virtually unknown.
    Read More
  • All around the world: #ITSDubai2024
    September 5, 2024
    The bosses of the three major international ITS organisations – ITS America, Ertico and ITS Asia-Pacific – have put their heads together on a podcast. Beate Kubitz listens in…
    Read More

Highlighted Content