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DOT to Award $800 Million in Freight Transportation Improvement Grants

Wednesday, March 02, 2016
Sandler, Travis & Rosenberg Trade Report

The Department of Transportation is accepting through April 14 applications for $800 million in fiscal year 2016 grants under the Nationally Significant Freight and Highway Projects program.

These grants, which are also being referred to as Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies (FASTLANE) grants, will provide dedicated, discretionary funding for projects that address nationally or regionally significant transportation challenges. These include improving the safety, efficiency and reliability of the movement of freight and people; generating national or regional economic benefits and increasing the United States’ global competitiveness; reducing highway congestion and bottlenecks; enabling more efficient intermodal connections; minimizing delays at international borders; improving inadequate first and last mile segments; modernizing port facilities to meet 21st century demands, including connections between ports and their surface transportation systems; enhancing the resiliency of critical intermodal infrastructure and helping protect the environment; improving grade crossings; improving roadways vital to national energy security; and addressing the impact of population growth on the movement of people and freight. DOT will give additional consideration to nationally or regionally significant multimodal and multijurisdictional projects.

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