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New York & Atlantic Railway secures a $6.5 million Federal CRISI grant to upgrade four locomotives with cleaner technology. This funding is part of a $10.9 million partnership including state and private investments.

PRIVATEOct 21, 2026

Amount Raised

$6.5 Million

Round Type

Grant

New YorkTransportation

Description

New York & Atlantic Railway has been awarded a $6.5 million Consolidated Rail Infrastructure and Safety Improvements Program Grant by the U.S. Department of Transportation. The funding will be used to upgrade locomotives with Tier 4 technology for reduced emissions. The project is part of a larger $10.9 million initiative that includes contributions from New York State and NYA

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Company Information

Company

New York & Atlantic Railway

Location

New York, New York, United States

About

New York & Atlantic Railway (NYA) operates a freight rail service connecting Brooklyn, Queens, and Long Island counties to the North American freight network. Under a franchise agreement with the Long Island Rail Road, NYA is committed to upgrading its fleet with cleaner technology to meet environmental standards. The company aims for a 100% clean-energy locomotive fleet by 2030. Since its inception, NYA has invested significantly in improving the reliability and efficiency of freight rail operations.

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New York & Atlantic Railway raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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