The U.S. Department of Transportation is a state-owned entity headquartered in the US, founded in 1967 and employing approximately 4,510 individuals. Functioning as a US government agency, its main product is government administration.
The U.S. Department of Transportation (DOT) and the Port of Corpus Christi signed a Memorandum of Cooperation on August 20, 2026, to explore small modular reactor (SMR) technology for maritime applications, marking the second such agreement since the Department launched its SMR initiative in May. Previously on August 19, U.S. Transportation Secretary Sean Duffy unveiled a new National Roadway Safety Strategy (NRSS) aimed at reducing traffic fatalities and injuries nationwide. Earlier the same day, the DOT directed $5.3 billion to 41 rail projects across 23 states, allocating over $2 billion for new Amtrak trains and billions more for grade-crossing and infrastructure work by redirecting approximately $2 billion previously committed to California’s high-speed rail project. This followed the Department's allocation of $35.1 million on August 18 to 45 shipyards across 24 states and the U.S. Virgin Islands for equipment, infrastructure, and workforce projects, a funding round reflecting a 300% increase in the federal program for 2026.
Subscribe for full access to U.S. Department of Transportation's products in full detail
Subscribe for full access to U.S. Department of Transportation's revenue in full detail
Subscribe for full access to U.S. Department of Transportation's products in full detail 
