The Consolidated Rail Infrastructure and Safety Improvement (CRISI) Program, aimed at modernising US freight and passenger rail infrastructure, has recently been allocated more than US$1.4 billion, as revealed by USDOT, the US Department of Transportation. More specifically, the Program has received more than triples funding thanks to the Bipartisan US Infrastructure Law.

According to Pete Buttigieg, US Transportation Secretary, this is “the biggest-round of funding ever to make both passenger and freight trains across America safer, faster, and more reliable.” He eventually noted that “Freight rail is a critical part of our supply chains, and when shipping costs come down, families pay less for goods”.

Overall, the funding will create economic opportunities, lead to progress in enhancing infrastructure resilience and improving the supply chain, and guarantee high standards for safety and efficiency.

For more information, please see here.

 

By | 2022-09-05T11:31:04+00:00 September 5th, 2022|