DOT unlocks $2.9 billion to expand freight capacity

The Biden administration on Wednesday announced $2.9 billion in funds available for freight projects that combine three grant programs authorized by the infrastructure law signed last year.

The funding opportunity includes $1 billion available from the National Infrastructure Project Assistance (MEGA) program, $1.55 billion from the Infrastructure for Rebuilding America (INFRA) program, and $300 million from the Rural Surface Transportation Grant Program (RURAL).

The U.S. Department of...

https://www.freightwaves.com/news/dot-unlocks-29-billion-to-expand-freight-capacity

DOT pumping $1.2 billion into rural freight network

The Biden administration on Tuesday released $246 million in FY22 funding toward completing a 3,000-mile rural freight and passenger network expected to reap time and cost savings for long-haul trucking.

The money is part of a $1.2 billion, five-year funding package authorized in the Bipartisan Infrastructure Law for the Appalachian Development Highway System (ADHS), a network running through 13 states from New York to Mississippi. It is approximately 85% completed and is expected to be 100%...

https://www.freightwaves.com/news/dot-pumping-12-billion-into-rural-freight-network

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon