DOT tangles with watchdog over $1.5 billion in freight grants

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WASHINGTON — A new federal watchdog report criticizes the U.S. Department of Transportation for not...

https://www.freightwaves.com/news/dot-tangles-with-watchdog-over-1-5-billion-in-freight-grants

Truck parking in Texas, Louisiana gets $33.5M boost from DOT

The U.S. Department of Transportation has awarded a combined $33.5 million to build new truck parking facilities in Texas and Louisiana as project sponsors find ways around a lack of dedicated funding pools for such projects.

A truck travel plaza in Caldwell County, Texas, was awarded $23 million from DOT’s Rebuilding American Infrastructure with Sustainability and Equity (RAISE) program, a competitive grant program used to fund freight and passenger transportation projects.

Another truck parking...

https://www.freightwaves.com/news/truck-parking-in-texas-louisiana-gets-335m-boost-from-dot

Feds award $275 million to ease truck congestion

Highway expansion projects aimed at improving the flow of truck freight in seven parts of the country will collect roughly $275 million from federal coffers in the latest round of discretionary grants awards.

The projects account for approximately 30% of the $905 million awarded through the U.S. Department of Transportation’s (DOT) 2021 Infrastructure for Rebuilding America (INFRA) grants, which were also awarded to port and rail projects.

“These timely investments in our infrastructure will...

https://www.freightwaves.com/news/feds-award-275-million-to-ease-truck-congestion

Chao probe fallout: Concerns remain over freight project money

Results of an investigation into potential conflicts of interest involving former U.S. Secretary of Transportation Elaine Chao have renewed concerns about the agency’s ability to oversee a fair process when selecting grant winners for major infrastructure projects.

A report on the investigation’s findings released this week by the Department of Transportation’s (DOT) inspector general (IG) — at the request of U.S. House Democrats in 2019 — found no evidence that Chao used her office to steer...

https://s29755.pcdn.co/news/chao-probe-fallout:-concerns-remain-over-freight-project-money

Port Tampa Bay slices warehouse operator’s payments

The coronavirus pandemic has spoiled a chunk of the fruit import business in the United States. Because of that decline, Port Tampa Bay’s board this week took a big slice out of a refrigerated warehouse tenant’s monthly payments. 

The board on Tuesday agreed to defer a $25,000 monthly loan payment for seven years and drop rent from $31,000 a month to 5% of revenues once those hit $5 million annually.

Port Logistics Tampa Bay leases 13.7 acres of land with a 140,000-square-foot refrigerated...

https://www.freightwaves.com/news/port-tampa-bay-slices-warehouse-operators-payments

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