U.S. to Award $40 Million for Futuristic City Transportation Project



The U.S. Transportation Department said Monday it will award up to $40 million to a mid-size U.S. city to encourage technology use to reduce congestion and speed traffic. The effort is the latest bid by the Obama administration to advance technology fixes in helping fix the nation’s clogged roads, including “vehicle to vehicle” communications that could help avoid crashes. The full $40 million is contingent on future Congressional budget approval for each year of the project. In an interview on Monday, Transportation Secretary Anthony Foxx said, “What we are hoping to see is some real ‘moonshots’ to how innovation can solve some of those pressing transportation problems.”

http://feeds.reuters.com/~r/Reuters/domesticNews/~3/KLG4y0Dwc1Y/story01.htm
http://www.wochit.com

This video was produced by YT Wochit Business using http://wochit.com

source

Leave a Reply

Your email address will not be published. Required fields are marked *