TxDOT Hosts Winter Weather Open House
AMARILLO - With winter just around the corner, TxDOT wants to make sure you are prepared. Representatives from the Amarillo, Childress, and Lubbock districts of the Texas Department of Transportation, and the National Weather Service in Amarillo held a come and go open house this afternoon. They want to ensure the public's safety this winter and show their equipment is up for the challenge. "The crews have been out checking their blades, making sure everything is good to go, the equi...
Economic Impact of the Seaway
The Great Lakes St. Lawrence Seaway System provides a safe, efficient and reliable commercial waterborne connection between the Great Lakes region of North America and foreign markets worldwide. If the Great Lakes region were a country, it would rank as the third largest economy in the world. Maritime commerce on the Great Lakes St. Lawrence Seaway System annually sustains 227,000 U.S. and Canadian jobs, and generates $35 billion in annual business revenues, $14 billion in annual wages and s...
U.S. Department of Transportation Provides Additional $36 Million to Puerto Rico and US Virgin Islands for Repairs to Hurricane-Damaged Roads and Bridges
WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced the immediate availability of $30 million in “quick release” Emergency Relief funds for further repairs to roads and bridges throughout Puerto Rico, and $6 million for road repairs throughout the U.S. Virgin Islands. These funds supplement $42.5 million in ER funds previously made available to Puerto Rico, bringing total highway federal-aid ER funding for the territory for the two hurric...
EDA Invests $2.2M in Railroad Upgrades to Serve Davenport, Iowa, Businesses
The Commerce Department's Economic Development Administration said it awarded a $2.2 million grant to the city of Davenport, Iowa, to build a new freight rail interchange track and rail spur to serve a new manufacturing facility and other businesses locating in the city's industrial park. The EDA said grantees expected the project to create more than 500 jobs and spur $78.5 million in private investment. The rail improvements support manufacturing and logistics industries, and build on oth...
Puerto Rico Seeks $5.84B in Disaster Aid for Transportation Facilities
Gov. Ricardo Rosello is asking President Trump and Congress to provide Puerto Rico with more than $5.84 billion in disaster aid just to cover repairs to the island territory's hurricane-damaged roads, bridges, seaports and airports. That is part of a total $94.4 billion aid request he submitted Nov. 13 in a letter to Trump, of which $31 billion is to rebuild housing, nearly $18 billion for the power grid and resiliency upgrades, and $15 billion for healthcare. The governor is seeking almos...
Transit Group: Tax Proposal a ‘Missed Opportunity’ to Fix Highway Trust Fund
The group representing U.S. public transit agencies said the House Ways and Means Committee's new tax reform plan is a "missed opportunity" to include measures that could put the Highway Trust Fund on a sustainable financial footing. Richard White, acting CEO of the American Public Transportation Association, said in a Nov. 3 statement that the plan offered by House majority Republicans "fails to address key priorities of the public transportation industry." The trust fund provides fundin...
Aster has Announced €240 Million in Capital Raised, Taking Position as the Leading Venture Capital Fund Dedicated to the Energy Transition and the Mobilities of the Future
With €240 million in capital raised, Aster brings its total funds under management to €500 million and strengthens its position as a central player in financing innovation. A specialist in digital transformation and industries of the future, the investment company provides support to growing companies in the sectors of energy, mobility and industry. Building from a “Business Hub”, a true acceleration platform serving entrepreneurs, Aster provides them with support to jump-start their developm...
Assemble Systems Announces $12 Million in Series A Financing - Boston-Based BIM in Construction Leader Chosen by AEC Powerhouse Autodesk for Forge Fund Investment
Assemble Systems, Inc. announced a $12 million Series A round of new financing led by the Autodesk Forge Fund, with participation by existing investors Satterfield Vintage Investments and Assemble Investments. This new funding will help the company to further establish itself as a leading innovator in the BIM and construction data management space. The announcement was made at Autodesk’s annual user conference, Autodesk University, in Las Vegas. With this Series A funding, Assemble Systems es...
Hawaii DOT Airports Division Says Rise in Bond Rating to Cut Infrastructure Costs
The Hawaii Department of Transportation's Airports Division said an upgrade in the revenue bond rating for the state airport system means it can make infrastructure improvements at lower debt service costs. HDOT said Fitch Ratings raised its rating to A+ from A, citing the airport system's continued strong operational and financial performance, with credit metrics remaining above previously forecast levels. "The upgraded rating will translate into millions of dollars in savings through low...
FHWA Reopens Pilot Program to Allow Three States to Toll Interstate Segments
The Federal Highway Administration is taking applications until Feb. 20 to allow up to three states to levy tolls on existing interstate highway segments, under a pilot program in which the previous participants never used their authority to begin tolling the highways. The agency explained that while Congress originally established the pilot program in 1998, lawmakers in the 2015 Fixing America's Surface Transportation Act set a three-year deadline (with a possible one-year extension) for sta...
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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