Intermodal

Biden’s FY22 Discretionary Budget Proposal Includes $25.6B for USDOT (Updated)

The Office of Management and Budget (OMB) has submitted to Congress President Joe Biden’s $1.52 trillion discretionary funding request for Fiscal Year 2022, which includes $25.6 billion for the U.S. Department of Transportation (USDOT).

Supply Side: Bentley, FourKites, LEDtronics

Infrastructure engineering software firm Bentley Systems, Inc., is developing applications for digital twins with NVIDIA Omniverse; the FourKites® real-time supply chain visibility platform is offering a Tracking Quality Guarantee; and LEDtronics® is producing a new LED light fixture with an energy-efficient, high-lumen output.

CPKC: Tri-National Considerations

After a thorough review of my mergers and acquisitions career work, I have reached the conclusion that the Canadian Pacific-Kansas City Southern (“CPKC”) combination has several less-than-optimal locations where overall system performance affecting three nations—the U.S., Mexico and Canada—could be addressed and improved during Surface Transportation Board review.

“In communities across the country, there is tremendous need for transportation projects that create high-quality jobs, improve safety, protect our environment and generate equitable economic opportunity for all Americans,” U.S. Secretary of Transportation Pete Buttigieg said. “With RAISE grants, we are making those needed investments in our communities’ future.”

USDOT: First TIGER, Then BUILD, Now RAISE – Grant Applications Welcome

The U.S. Department of Transportation (USDOT) has issued a Notice of Funding Opportunity (NOFO) for the RAISE program, providing $1 billion in FY 2021 discretionary grant funding for rail, transit, road and port infrastructure projects.