/ Category / Financial

Murphy Administration Announces $30.1 Million in FY19 Local Freight Impact Fund Grants

July 18, 2019 - in Financial, News

(Trenton) - The New Jersey Department of Transportation (NJDOT) today announced $30.1 million in grants as part of the Local Freight Impact Fund program that help counties and municipalities provide for the safe movement of large truck traffic. “New Jersey…

Utilities Employees Credit Union Launches Digital Financial Education Initiative for Utility Workers and Their Families

July 15, 2019 - in Financial, News

Wyomissing, PA – Utilities Employees Credit Union (UECU) announced the launch of an interactive, online financial education initiative through their…

U.S. Department of Transportation Announces $300 Million Funding Allocation for Three Transit Projects in Arizona, California, and Washington

July 11, 2019 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a total of $300 million in federal funding…

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 new Port Infrastructure Development Program, which aims to support public coastal ports by improving the…

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 project will receive a Fiscal Year (FY) 2018 funding allocation of $300 million through FTA’s Capital Investment…

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.…