Overstimulated?
Demand for DOT infrastructure grants exceeds supply
Competition is fierce for $1.5 billion in discretionary transportation grants from the U.S. economic stimulus program but there is not nearly enough money to satisfy demand.
The Department of Transportation announced Friday that it received almost 1,400 applications from cities, states, metropolitan planning organizations, port authorities, transit agencies and other governmental entities seeking a combined $57 billion in project funding.
The TIGER (Transportation Investment Generating Economic Recovery) grants were included in this year's American Recovery and Reinvestment Act
U.S. truck tonnage shows August improvement
More job cuts reported at YRC Worldwide
Overstimulated?
