$22 million in grant funding available for rural transit providers
More than $22 million in federal funding is now available from the Idaho Transportation Department's Public Transportation office (ITD-PT) for rural transit service providers in Idaho. Grant applications will be accepted September 1 - October 31, 2021. Local government authorities, public agencies, private nonprofit organizations, and public transportation operators who receive funding indirectly through an eligible recipient are all encouraged to apply. ITD-PT receives a federal appropria...
Trimble Launches $200 Million Venture Fund
SUNNYVALE, Calif.- Trimble (NASDAQ: TRMB) announced today the creation of Trimble Ventures, a venture fund focused on investing in early and growth-stage innovative companies that align with Trimble's mission of transforming work in the agriculture, construction, geospatial and transportation industries. The fund will launch with $200 million allocated for investments and focus on companies with the potential for technology-enabled innovation and disruption in the digital transformation of th...
Simpson Strong-Tie Donates $40,000 to American Red Cross Disaster Relief Fund for Haiti Earthquake, California Wildfires
Pleasanton, Calif. — Nearly two weeks after a 7.2 magnitude earthquake struck southern Haiti, the death toll is still rising and survivors are in need of food, water and medical attention. Over 12,000 have been reported injured, and hundreds are still missing. The Haitian government has declared a one-month state of emergency. Thousands of miles away, the Dixie and Caldor fires in California have been declared a major disaster by President Biden. The Caldor fire has burned more than 160,000 a...
FRA to Fund Grants for Rail Improvement Opportunities
The U.S. Department of Transportation’s Federal Railroad Administration today announced a notice of funding opportunity, making available nearly $362 million through its Consolidated Rail Infrastructure and Safety Improvements (CRISI) Grant Program. CRISI funds projects that reduce congestion, improve short-line and regional railroad infrastructure, relocate rail lines, enhance multi-modal connections and facilitate service integration between rail and other modes such as at ports or intermodal...
FAA Invests $85 Million in Airports across Alaska
WASHINGTON – The U.S. Department of Transportation’s Federal Aviation Administration (FAA) announced 19 airports across Alaska will receive a total of $85 million through Airport Improvement Program grants to help with safety, access and sustainability efforts. The funding is from the fifth round of fiscal year 2021 Airport Improvement Program grants. “Aviation is a way of life in America, and nowhere is this truer than in Alaska,” said FAA Administrator Steve Dickson. "These grants invest i...
U.S. Department of Transportation Announces up to $605.33 million to the Grand Parkway Transportation Corporation for the Grand Parkway Segments H & I Project
WASHINGTON – The U.S. Department of Transportation today announced its Build America Bureau (the “Bureau”) has provided a Transportation Infrastructure Finance and Innovation Act (TIFIA) direct loan in the amount of up to $605.33 million to the Grand Parkway Transportation Corporation (GPTC or Borrower) for the Grand Parkway Segments H & I (the Project). The Department provides TIFIA and other surface transportation infrastructure financing through the Bureau to help reduce the cost of infrastru...
WYDOT Release: Transportation Commission awards over $27 million in contracts in August
The Wyoming Transportation Commission awarded $27 million in bids for Wyoming Department of Transportation construction projects during its last regular meeting on August 19. Six of the eight jobs awarded at the meeting were awarded to bids from a Wyoming contractor. A $12.5 million bid was awarded to Cheyenne contractor Reiman Corp. for pavement work and bridge replacement on U.S. Highway 14 in Sheridan County, with a contract completion date of October 2022. The commission awarded Cro...
California Invests $1.4 Billion for Transportation Improvements
SB 1 provides $884 million of funding SACRAMENTO — The California Transportation Commission (CTC) today allocated more than $1.4 billion for projects to repair and improve transportation infrastructure throughout the state. Senate Bill (SB) 1, the Road Repair and Accountability Act of 2017, accounts for more than half of this investment – $884 million. “California continues to make significant investments in fixing our roads, highways, bridges and transit systems,” said Caltrans Direc...
FullCycle Climate Partners Invests in Upgrading Water Infrastructure Systems
InPipe Energy’s innovative In-PRV pressure recovery valve is a new smart water and micro-hydro system that generates carbon-free, baseload, renewable electricity by harvesting excess pressure from municipal water pipelines. Innovative technology converts excess water pressure into new source of renewable electricity LOS ANGELES - FullCycle Climate Partners, a growth equity fund investing to scale climate-critical technology, today announced their investment in InPipe...
U.S. Department of Transportation Announces up to $499.5 million loan to the North Carolina Turnpike Authority for the Complete 540 Phase 1 Project
WASHINGTON – U.S. Transportation Secretary Pete Buttigieg today announced that the U.S. Department of Transportation’s Build America Bureau (the Bureau) has provided up to $499.5 million to the North Carolina Turnpike Authority (NCTA) for the Complete 540 Phase 1 Project (the Project). The Department provides Transportation Infrastructure Finance and Innovation Act (TIFIA) and other surface transportation infrastructure financing through the Bureau. As part of COVID-19 relief to borrowers, th...
Video: New Roundabout Under Construction at McIver and Old Florence Roads in Darlington County
Promenade at The Point
June Issue 2026
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