President Joe Biden’s administration has revealed that it will pay $2.4 billion in grants aimed at modernising freight and passenger rail infrastructure across the United States.
The move is part of Biden's broader initiative to enhance America’s transportation network and bolster economic growth through improved rail systems.
According to the US Department of Transport, the grants will be allocated to upgrading and expanding rail infrastructure to enhance efficiency, safety, and connectivity.
The transport industry funding underscores the administration's commitment to revitalising the country's rail networks and promoting sustainable transportation solutions.
The department’s Federal Railroad Administration (FRA) said the grants would support a range of projects focused on modernising freight and passenger rail systems, ensuring smoother operations and increased capacity to meet the growing demands of the transportation sector.
Transportation secretary Pete Buttigieg highlighted the importance of these grants, stating that they would play a crucial role in advancing the modernisation of rail infrastructure, improving connectivity between regions, and creating new opportunities for economic development.
The Biden administration's emphasis on rail infrastructure modernisation aligns with its broader vision of building a more resilient, efficient, and sustainable transportation network that benefits communities nationwide.
