/ Category / Financial

USDOT Announces $495 Million in Infrastructure Grants to 327 Airports in 46 States and the Pacific Islands

June 25, 2019 - in Financial, News

WASHINGTON – U.S. Department of Transportation Secretary Elaine L. Chao today announced that the Federal Aviation Administration (FAA) will award $495 million in airport infrastructure grants, the second allotment of the total $3.18 billion in Airport Improvement…

USDOT Offers $293M in Port Infrastructure Development Grants

June 24, 2019 - in Financial, News

The U.S. Department of Transportation announced a Notice of Funding Opportunity on June 13 for $292.7 million in discretionary grant funding through its…

U.S. Department of Transportation Allocates $300 Million to San Francisco Transbay Corridor Core Capacity Project

June 24, 2019 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced that the Transbay Corridor Core Capacity…

U.S. Department of Transportation Announces $74.1 Million for Orange Line Bus Rapid Transit Project in Minneapolis

June 21, 2019 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) announced today a $74.1 million grant to the Metropolitan Council for construction of the Orange Line Bus Rapid Transit (BRT) project in Minneapolis. The…

China’s NOCs to be Fourth Highest Upstream Investors in Africa Over Next Five Years, Says GlobalData

June 19, 2019 - in Financial, News

China’s national oil companies (NOCs) are increasingly investing in Africa to secure oil supplies to help feed surging domestic energy demand. As a result, their development and production capital expenditure (capex) in Africa’s upstream sector is forecast…

AASHTO Releases Annual Transportation Salary Survey

June 17, 2019 - in Financial, News, People

The American Association of State Highway and Transportation Officials has issued its annual job classifications and salary information survey for state transportation departments. Developed by AASHTO’s Committee on Human Resources, the survey is viewed…

Nine State DOTs Among Those Selected by FRA for $326M in CRISI Grants

June 17, 2019 - in Financial, News

The Federal Railroad Administration awarded more than $326 million in Consolidated Rail Infrastructure and Safety Improvements or CRISI grants to fund 45 railroad projects in 29 states, with nine state departments of transportation receiving funds for 12 projects.…

U.S. Department of Transportation Announces Availability of $60 Million for Advanced Transportation Technologies Grants

June 17, 2019 - in Financial, News, Technology

WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today published a Notice of Funding Opportunity (NOFO) for states, cities and other agencies to compete for $60 million in Advanced Transportation and Congestion…

Federal Railroad Administration Announces More Than $326 Million in Grants to Support Railroad Infrastructure

June 17, 2019 - in Financial, News, Rail, Transportation

WASHINGTON — The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today announced the recipients of more than $326 million in grant funds under the Consolidated Rail Infrastructure and Safety Improvements (CRISI) Program and the…

U.S. Department of Transportation Announces $321.4 Million for Federal Lands and Tribal Projects

June 10, 2019 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced recipients of $321.4 million in Nationally Significant Federal Lands and Tribal Projects (NSFLTP) grants. These are the first grants awarded under…