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FTA rescinds Trump cost-share policy in CIG program

(Source: Progressive Railroading 02/18/2021) The Federal Transit Administration (FTA) this week rescinded Trump administration guidance for how the federal government would consider applications for project funding under the Capital Investment Grant (CIG) program. The policy prohibited states and local entities from using federal loans as part of their local funding match when applying for grants. Critics of the policy said it…

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U.S. rail volume remains steady, thanks to intermodal traffic

(Source: Progressive Railroading 02/18/2021) U.S. freight railroads moved 480,483 carloads and intermodal units during the week ending Feb. 13, up 0.3% compared with the same week in 2020, according to Association of American Railroads (AAR) data. Carloads declined 7% to 211,420 units, while intermodal volume climbed 6.9% to 269,063 containers and trailers. Five of the 10 carload…

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