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


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   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.




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