“This $320.6 million federal investment will upgrade U.S. rail infrastructure and enhance rail safety in communities across America,” said U.S. Transportation Secretary Elaine L. Chao.
Nine of the projects were selected to specifically address safety at highway-rail grade crossings, and deter illegal trespassing, which is the leading cause of rail-related deaths in America. Other projects expand, upgrade, or rehabilitate railroad track, switches, yard, and station facilities to increase performance and service delivery.
“We remain committed to helping address pressing transportation capital needs, particularly in rural areas,” said FRA Administrator Ronald L. Batory. “I am pleased that so many high-quality applications were submitted for worthwhile investments by the FRA,” Batory added.
The Fixing America’s Surface Transportation (FAST) Act authorized the CRISI Program to improve the safety, efficiency, and reliability of intercity passenger and freight rail systems. Rural projects, which have a minimum 25 percent funding requirement under the CRISI Program, received over 60 percent of the funds. Of the 50 projects that were awarded grants, 32 are located in Opportunity Zones, which were created to revitalize economically distressed communities using private investments. Since 2017, this Administration has awarded over $1.2 billion through the CRISI program to improve rail infrastructure.
The Notice of Funding Opportunity (NOFO) soliciting applications for this round of CRISI Program grant funding was published in the Federal Register on April 20, 2020. FRA subsequently provided web-based training and technical assistance for eligible applicants.
Norfolk Southern Corporation ("Norfolk Southern" or the "Company") today announced that it has entered into a cooperation agreement with Ancora Holdings Group, LLC (together with certain of its affiliates, "Ancora")…
View ArticleIndustry updates and weekly newsletter direct to your inbox!