Duffy: U.S. to Invest $2.04 Billion on Rail Infrastructure

SECAUCUS, NJ (DTN) — The Transportation Department will invest $2.04 billion to modernize U.S. railroad infrastructure and improve rail travel across the country, Transportation Secretary Sean P. Duffy announced Monday (4/20).

The investment, made through the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvements program, focuses on reducing congestion, jumpstarting ridership growth and improving regional infrastructure to fast-track the movement of commerce, the announcement posted on the department’s website said.