Biden-Harris Administration Announces CDL Training Grants
The Biden-Harris Administration announced on September 20th plans to give $140 million in funding that will be given to states and training programs through the agency’s High Priority (HP) and Commercial Driver’s License Program Implementation (CDLPI) grants.
Details
The grants are split with $88 million going to HP, and $55 million going to CDLPI.
HP is not directly related to training new drivers, but instead is used to promote technological advancements in safety, which in the current age would likely use the implementation of AI to determine “high-risk” zones.
The other $55 million is to promote CDL training programs across the United States, lowering the wait times new drivers will experience before going on the road. This money also is earmarked to improve interstate electronic communication exchanges and to combat human trafficking.
“At FMCSA, we are serious about our mission of reducing crashes and fatalities on the nation’s roadways that involve large trucks and buses,” said FMCSA Deputy Administrator Vinn White during the announcement. “Together, these grants represent our commitment to investing in America and our dedication to supporting strong state and local partnerships that help ensure safe and qualified CMV drivers are on the roads.”
Conclusion
The Biden Administration hopes that this increase in funding will not only increase the number of drivers on the road, fueling the nation’s economy, but also that they will be safer when doing so by employing modern solutions to safety issues that might get in the way of truckers doing their duties.
This news is great for fleets that are looking to expand, as they will be able to find more drivers to fill seats faster than they did before. If you need seats for them to fill, TopMark Funding can help by using our vast network of funding partners to find you the best scenario for your credit. With only the use of a soft credit check that does not impact your score, it does not hurt to find out what you can get, especially with interest rates dropping half of a percentage point recently! Read on below for more on what we can do for you.
ABOUT TOPMARK FUNDING
TopMark Funding is a top-rated semi-truck financing and trailer financing company located in Roseville, CA. We specialize in commercial trucking and heavy equipment. Our mission is to become your long-term financial partner by helping you grow your trucking business and fleet.
We’re not here for the short-term, we’re on the long-haul with you!
We have financing options for trailers, semi-trucks, commercial trucks, and small businesses. We have great rates, low down payments, and flexible monthly payments regardless of credit history.
Learn more about Trailer Financing.
Fill out the contact form or give us a call at (866) 627-6644. One of our truck financing specialists will contact you as soon as possible to go over your truck lease needs and learn more about you and your business financing goals.