Idaho Receives Notice of $90 Million Federal Grant for I-84 Work
An area of major need in Idaho may get a vital shot of federal money, as federal officials shortlisted $90.24 million in grant funds to help ease congestion on Interstate 84 in the Treasure Valley between the Karcher Interchange and Franklin Boulevard. The Infrastructure for Rebuilding America (INFRA) grant will also allow improvements benefiting the movement of good and services on the heavily used route. The improvements include widening I-84 to three lanes in each direction in this 2.8-mil...
Federal Transit Administration issues the Private Investment Procedures (PIPP) Final Rule
The U.S. Department of Transportation’s (U.S. DOT) Federal Transit Administration (FTA) issued the Private Investment Project Procedures (PIPP) Final Rule that describes new procedures aimed at helping the federal government develop more effective approaches to spurring private participation and investment in project planning, development, finance, design, construction, maintenance, and operations. There are numerous opportunities where the private sector can engage in the public transportati...
Tariffs Threaten to Push Highway Project Costs Higher
The Trump administration's long-threatened imposition of tariffs on steel and aluminum imported from Canada, Mexico, and the European Union went into effect at midnight on May 31 – a move that is hiking construction costs for state departments of transportation across the country, especially for steel-intensive bridge projects, while also potentially forcing a redirection of funds away from future endeavors. "The reality is we have a fixed source of federal funding, so as our topline costs go...
FTA Provides $277.5M in Hurricane Recovery Funds
The Federal Transit Administration allocated $277.5 million in emergency relief funding on May 31 for public transportation systems damaged by Hurricanes Harvey, Irma, and Maria last year. The funds come from a Congressional appropriation of $330 million made for FTA's Emergency Relief Program in the Bipartisan Budget Act of 2018, passed in February this year. The agency said approximately $232.3 million of those funds will be dedicated to response, recovery, and rebuilding projects, with $44...
Moleaer™ Secures Over $6 Million Investment led by Energy Innovation Capital
LOS ANGELES, May 29, 2018 - Moleaer, the leading manufacturer of industrial scale Nanobubble Generators for water and wastewater treatment, agriculture irrigation, and oil-water separation, today announced the Company has raised over $6 million in funding led by San Francisco and Houston-based Energy Innovation Capital (EIC), the premier capital provider to energy innovators. Moleaer's Nanobubble Generators provide unprecedented gas transfer and flotation capabilities for use in a wide variet...
NCDOT Reports Savings from Toll Road Refinancing
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 in present value savings. "This is the third refinancing of outstanding bonds for the Triangle Expressway, which will result in interest savings of approximately $103 million for the remaining life of the project," said NCTA Executive Dire...
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 Public Transportation Corporation (IndyGo) for a new Bus Rapid Transit (BRT) line. The IndyGo Red Line Rapid Transit project will provide quick, reliable and convenient service to downtown Indianapolis. “Residents and visitors in Indianapolis can now look forward to faster and more convenient transit service as they travel to work, schoo...
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 (NOFO) for $250 million in Positive Train Control (PTC) Systems Grants. “These funds are part of the Department’s ongoing efforts to strengthen our country’s rail safety by helping railroads to more rapidly deploy positive train control systems,” said U.S. Transportation Secretary Elaine L. Chao. The purpose of the NOFO is to solicit applications fo...
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 more than 40 organizations. This comes on the heels of the 10-year anniversary of the nonprofit founded by Thornton Tomasetti, Inc., the international engineering firm. Through fellowships and scholarships, the Thornton Tomasetti Foundation...
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 ferry users across the United States. A total of 20 projects in 12 states will receive funding from FTA’s Passenger Ferry Grant Program. The grants will fund projects to purchase, replace or rehabilitate passenger ferries, terminals and related in...
Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County
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June Issue 2026
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