USDOT announces US$1.4 billion funding, aimed at improving US rail network

The US Department of Transportation has announced the availability of more than US$1.4 billion in Consolidated Rail Infrastructure and Safety Improvement (CRISI) Grant funding. The CRISI Program, administered by the Federal Railroad Administration (FRA), aims to promote projects to modernize America's freight and passenger rail infrastructure.

US transportation secretary, Pete Buttigieg: “Freight rail is a critical part of our supply chains, and when shipping costs come down, families pay less for goods. Because of President Biden's Bipartisan Infrastructure Law, we're thrilled to announce the biggest-round of funding ever to make both passenger and freight trains across America safer, faster, and more reliable.”

USDOT said that grants are very important for short-line railways, whose operations boost local economies and are vital for supply chain liquidity.

Source: container-news.com


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