Rail Archives - Page 4 of 5 - Government Market News

DOT awards $31.4 million loan to two California rail systems

Loan will cover almost all project costs for both railroads, which will include rehabilitating a partially collapsed tunnel and other sections of existing track

January 31, 2024

DOT approves $2.5 billion for California-Nevada rail project

Private activity bonds will support initiative that will connect Las Vegas and Southern California

January 23, 2024

Los Angeles-area rail project lands $1 billion federal grant

Federal Transportation Agency (FTA) will cover half the cost of a $2 billion automated, elevated, fixed-guideway people mover in the city of Inglewood, California

January 10, 2024

Federal grant funds $1 billion expansion of East Coast passenger rail

Raleigh to Richmond route will span 162 miles as a critical line for the federal Southeast Corridor, which connects Washington, D.C., with Charlotte, North Carolina

December 8, 2023

High-speed rail projects in California, Nevada get $6.1 billion boost

California High-Speed Rail Authority receives a $3.1 billion grant to accelerate line through state’s Central Valley; privately owned initiative to connect Las Vegas, L.A. receives $3.1 billion

December 7, 2023

A large 2024 market sector that should not be overlooked

Mandated compliance with ADA statutes creates a large marketplace for construction projects. 2024 will be a banner year for firms interested in partnering with local governments to deliver compliance

December 6, 2023

Midwest rail corridor to receive $53 million for infrastructure upgrades

Federal Railroad Administration has awarded $31.8 million in grants for Twin Cities-Milwaukee-Chicago Intercity Passenger Rail Project; Amtrak to contribute additional $5 million

December 4, 2023

$1.5 billion for infrastructure projects available in FY2024

Funds available through the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant program will help public-private partnerships with freight, passenger projects

December 1, 2023

Port Authority invests $410 million to rehab rail, wharfs in New York and New Jersey

Approval allows Port Authority staff to start issuing multiple contracts for the two programs, which will begin in 2024

November 27, 2023

Michigan plans $15.8 billion transportation improvements over five years

Plan includes directing $11.2 billion to roads and bridges. Transportation projects including bus, marine, rain and ports total $3.7 billion. Airports will get another $989 million

November 21, 2023

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