Short line and regional railroads are polishing their entrepreneurial skills as they prospect for new customers and solidify links to Class 1s.
Smaller railroads have received $2.6 billion for more than 220 projects since the inception of the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvement grant program.
The Federal Railroad Administration’s CRISI program for rail infrastructure projects awarded a record $1.4 billion to 70 projects across the U.S.
The Federal Railroad Administration said Thursday that 46 projects across the U.S. have received more than $368 million in grants for rail-related infrastructure improvements.
The Federal Railroad Administration grant will be used to upgrade the intermodal rail yards at the Seagirt Marine Terminal.
Rail-related provisions in the newly signed infrastructure bill span from federal grants to support infrastructure projects to studying the impacts of positive train control and train lengths.
The grants help localities, short lines and passenger railroads improve the safety and efficiency of their rail networks.
The grant application period is open for groups seeking federal funding for capital projects related to passenger and freight rail.
The $248.5 million in grant funding goes to support local and state projects.
The Federal Railroad Administration is asking freight and passenger railroads to apply for grants aimed at upgrading infrastructure or enhancing safety.
