The U.S. Department of Transportation recently announced the availability of up to $850 million in grants through the Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) program.
The FASTLANE program was established in the Fixing America’s Surface Transportation (FAST) Act to fund critical freight and highway projects across the country. In the first call for FASTLANE grants, USDOT received 212 applications totaling nearly $9.8 billion for grants – with states and localities requesting over 13 times more funding than was available through FASTLANE – underscoring the continuing need for infrastructure investment across the country. The need to support projects improving the Nation’s freight system is also highlighted in the Department’s report, Beyond Traffic 2045: Trends and Choices, where freight volume is expected to grow to 29 billion tons—an increase by 45 percent by the year 2040.
The grant application deadline is December 15. Click here for more information.