Infrastructure

As the 2016 presidential race narrows down to a handful of candidates, it appears likely that business mogul Donald Trump and former Secretary of State Hillary Clinton will be the nominees with the most votes at the Republican and Democratic conventions.

Alabama proposal would set its gasoline tax rate to match the average fuel levy in surrounding states.

Seven cities remain in the running for a $40 million federal grant aimed at integrating high-tech with transportation operations.

Blue ribbon panel studying Seattle area’s road funding needs says mileage fee is most sustainable revenue option.

The Massachusetts Bay Transportation Authority intends to hand its oversight board a $2 billion budget that trims its structural deficit from $242 million to $80 million.

Growth in the P3 market has been slow and fragmented so far, but it is positioned for rapid growth, Moody’s Investors Service says.

A two-year reauthorization of the Federal Aviation Administration under consideration this week by a Senate committee would provide more federal funding for runways and other infrastructure while keeping the revenue source used to back bonds financing terminal projects at its current level.

The Texas Department of Transportation plans to offer $624 million of general obligation bonds bearing the state’s triple-A credit in April. The deal will be the largest from a Texas issuer so far this year.

Democratic presidential candidates favor more infrastructure spending while three of four Republican contenders want to curtail federal funding.

The South Carolina state Senate on Wednesday approved a road bill that would dedicate $400 million a year of recurring revenue to highway upgrades without raising the state’s gasoline tax.