$800m for US infrastructure

Eighteen transportation projects in 15 states have been awarded federal grants through the Fostering Advancements in Shipping and Transportation for the Long-term Advancement of National Efficiencies (Fastlane) program.

The US Department of Transportation Secretary Anthony Foxx made the announcement last week, reports Transport Topics.

“From eliminating traffic bottlenecks and enhancing port capacity to overhauling a major freight corridor, the 18 inaugural Fastlane grants will enable people and goods to move more efficiently,” said Foxx.

The inaugural batch of Fastlane awards, which total to almost $800 million, include a $165 million grant toward the Atlantic Gateway project in Virginia, a $62 million grant to improve U.S. 69/75 in Oklahoma and a $44 million grant for the Port of Savannah International Multimodal Connector.

“These types of investments in our transportation system help to improve our economy and create good-paying jobs,” said Bailey Wood, vice president communications, National Stone, Sand and Gravel Association. “When Congress can coalesce around a sustainable source of funding for the Highway Trust Fund, these types of investments can be made more frequently and improve our entire national infrastructure.”

The grants were combined with federal, local, state and private source funding to support $3.6 billion in infrastructure investment. The Fastlane grant program was established by the Fixing America’s Surface Transportation (Fast) Act highway bill which was passed last year.

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