​The North Carolina Turnpike Authority, one of five divisions of the North Carolina Department of Transportation, successfully refinanced a portion of the Triangle Expressway toll road's outstanding bonds back on May 11, resulting in more than $10.9 million…
U.S. Department of Transportation Announces $75 Million Grant Agreement for Bus Rapid Transit Project in Indianapolis, Indiana
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced a $75 million grant agreement with the Indianapolis…
FRA Issues $250 Million Notice of Funding Opportunity for PTC Projects
WASHINGTON – The U.S. Department of Transportation’s (DOT) Federal Railroad Administration (FRA) today issued a Notice of Funding Opportunity…
Thornton Tomasetti Foundation Celebrates 10-Year Anniversary; Surpasses More Than $1 Million in Scholarships and Grants
(New York, N.Y. – May 15, 2018) – With the distribution of its latest round of scholarships, the Thornton Tomasetti Foundation (TTF) has crossed the $1-million mark in financial contributions to deserving college students and charitable initiatives at…
U.S. Department of Transportation Awards $58.2 Million to Improve Passenger Ferry Service
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced approximately $58.2 million in project selections to improve the safety and reliability of America’s passenger ferries and enhance mobility for…
Murphy Administration Announces $1 Million in Bikeway Grants to Improve Quality of Life Without Burdening Local Property Taxes
(Trenton) -The Murphy Administration today announced Local Aid grants totaling $1 million to help five municipalities advance Bikeway projects that will improve quality of life without burdening local property tax payers. “The Department of Transportation…
NCDOT Awards Nearly $2 Million for Traffic Operations Center Communications
WILMINGTON – The N.C. Department of Transportation has awarded a $1.9 million contract to route cable and conduit along Interstate 140, from its U.S. 17 Business interchange in Brunswick County to the traffic operations center on Barbados Boulevard in Castle…
Fleet Advantage Unveils Report Addressing Impact of Latest Tax & Accounting Changes on Truck Procurement
FORT LAUDERDALE, FL – Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and lifecycle cost management announced today it has made public a new report titled: IMPACT OF LATEST TAX AND ACCOUNTING CHANGES ON EQUIPMENT…
Fuel Prices Could Reach Four-Year Highs This Summer
Data tracked by the Energy Information Administration and AAA indicate U.S. fuel prices could reach levels not seen since 2014; a price spike that is largely a reflection of higher oil prices. EIA forecasts that regular gasoline will reach an average of $2.74…
I-95 Coalition and DelDOT Launch Mileage-Based User Fee Study
The I-95 Corridor Coalition, with the Delaware Department of Transportation (DelDOT) as the lead, has launched a three month pilot study to begin exploring the feasibility of replacing the current fuel tax with a mileage-based user fee (MBUF). "The fundamental…
