Progressive Railroading |
By Julie Sneider | January 9, 2019
Last month, the U.S. Department of Transportation (USDOT) announced nearly $1.5 billion in fiscal-year 2018 Better Utilizing Investments to Leverage Development (BUILD) grant awards.
BUILD was previously known as the Transportation Investment Generating Economic Recovery (TIGER) program. Ninety-one projects were awarded funds in 49 states and the District of Columbia.
Of the $1.5 billion, 66 percent — or $977 million — went to projects that have a freight component, according to the Coalition for America's Gateways & Trade Corridors (CAGTC). Non-highway freight projects received 20 percent of the total funds, coalition officials said in a press release.
The grant dollar amount established "a new high for the percentage of funding awarded to freight infrastructure, besting a previous record set earlier in 2018 by TIGER IX, which awarded 56 percent of total funds for goods movement infrastructure," CAGTC officials said.
Please click here to read the full article.