FRA Announces $204M in PTC Grants as New Reporting Shows Progress Towards Meeting Deadline
August 24, 2018 – This week, the Federal Railroad Administration announced the recipients of $203.7 million in fiscal year 2018 grants to railroads for the installation of positive train control (PTC) technology ahead of a looming December 31 deadline. At the same time, FRA released the PTC implementation progress reports of all railroads as of June 30, which showed most railroads making significant progress.