Search Results for: railroad grants

Iowa grants more than $4 million to state railroad projects

The Iowa Transportation Commission approved more than $4 million in funding for nine rail infrastructure and related rail development projects under the Railroad Revolving Loan and Grant (RRLG) program. The rail projects are expected to support the creation and retention of more than 110 jobs within the next three years and spur development of six industrial areas across the state. The proposed developments will leverage millions in new capital investments across the state.

U.S. Dot makes railroad safety technology grants






U. S. Transportation
Secretary Ray LaHood said that seven projects will share $50 million to help
make the nation’s rail system safer by facilitating deployment of Positive
Train Control (PTC) collision avoidance systems and other advanced
technologies. The projects will receive money through the new Railroad
Safety Technology Grant (RSTG) program.

Federal Railroad Administration makes 2 high-speed rail grants






February 14, 2001

Colorado has received
$400,000 and Vermont $500,000 under the Federal Railroad Administration’s High-Speed
Intercity Passenger Rail (HSIPR) Program grant program funded from fiscal year
2009 appropriations. Colorado will use its funds to develop a state rail plan,
a prerequisite for receiving additional HSIPR intercity passenger rail funding.

U.S. DOT announces $1.5 billion in INFRA grants

The U.S. Secretary of Transportation Pete Buttigieg has announced the award of $1.5 billion from the Infrastructure for Rebuilding America (INFRA) competitive grant program for highway, multimodal freight and rail projects.

Watco

STB Grants approval for Watco acquisitions in Wisconsin and Michigan

The Surface Transportation Board issued a decision granting approval for exemptions sought by Watco Holdings, Inc., and two of its subsidiaries (collectively, Watco) in the acquisition of approximately 652 miles of rail line in Wisconsin and Michigan from Wisconsin Central Ltd. (WCL), which is controlled by Canadian National Railway Company.