April 14th is the last day for applicants to file for grants under the FASTLane program, one of two new initiatives in the recent FAST Act that provides dedicated funding for freight-related infrastructure projects. FASTLane, which is managed by the U.S. Department of Transportation, provides $4.5 billion over five years for projects of national or regional significance and intermodal projects are also eligible. The funding availability for fiscal year 2016 is $800 million.
The application deadline for TIGER grants is April 29. The TIGER program was created by the 2009 American Recovery and Reinvestment Act to fund multi-modal and multi-jurisdictional surface transportation projects, which normally get left out of traditional formula funding sent to state departments of transportation to support upkeep of the national highway system. Since 2009, TIGER has distributed almost $4.6 billion to 381 projects across the nation.
The eighth round of TIGER funding makes $500 million available to various governmental entities and metropolitan planning organizations. Winners will be announced in the summer, according to the DOT.
Meanwhile, freight stakeholders are encouraged to file comments to the DOT’s draft National Freight Strategic Plan by April 25. The DOT will use the comments to revise the draft plan.
The National Freight Strategic Plan, mandated by Congress in 2012, is expected to help policymakers make better decisions about where to allocate scarce resources based on the where investments can have the most economic benefit.
The DOT has increasingly been focused on goods movement in recent years and now has increased direction and resources from Congress to implement new initiatives.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now