Infrastructure

Puerto Rico plans to help its Highways and Transportation Authority through an oil tax increase and the sale of bonds from a new authority.

Federal TIFIA loans and similar programs will become more prevalent as conventional highway grants shrink, according to Fitch Ratings, which says TIFIA loans have pluses and minuses for borrowers and other investors.

Wisconsin will refund $132 million of transportation revenue bonds on Thursday, two days after state voters cast a decision on a proposed constitutional amendment that would bar future raids on the state's transportation fund for other expenses.

Toll roads across the nation can expect to see higher volumes of traffic as lower fuel prices encourages more driving, according to Moody's Investors Service.

The Orange County Transportation Authority, Calif. issued a request for qualifications Oct. 27 seeking firms interested in working on the $900 million expansion of a stretch of Interstate 405.

Jay Walder, a former chairman and chief executive of New York's Metropolitan Transportation Authority, was named chief executive of Alta Bicycle Share, which operates New York City's Citi Bike bicycle sharing program.

An ruling from a Superior Court judge during a hearing scheduled for Oct. 31 could bring the end to a lawsuit brought by Ontario, California seeking the return of its local airport from the control of Los Angeles.

A proposed $3 billion rapid passenger rail system in the Midwest would cut the five-hour train trip between Chicago to Detroit by almost two hours.

The operator of the Indiana Toll Road won federal court approval for a bankruptcy plan that will either sell its 75-year lease of the highway or restructure the company with $2.75 billion of new debt.

New York's Metropolitan Transportation Authority will look to keep biennial fare increases to the 4% inflation rate, said chairman Thomas Prendergast.