Infrastructure

A special commission brainstormed about the long-term prospects for New York's Metropolitan Transportation Authority, one of the largest municipal issuers. The authority is in need of modern thinking about how to finance and provide its services, many members said.

The ailing Highway Trust Fund needs a long-term answer, not another short-term patch, says Transportation Secretary Anthony Foxx

Virginia is working on a plan to reduce severe congestion on Interstate 66 that could cost as much as $3 billion.

The $11 billion, 10-month legislative bailout of the Highway Trust Fund adopted overwhelmingly by the House would stymie the best chance for a long-term solution for transportation funding, according to most industry experts.

The District of Columbia Water and Sewer Authority will close on about $450 million of debt July 23, most of it in the form of a historic green century bond issuance that DC Water's chief financial officer is crediting with introducing new investors to the large, frequent issuer.

Shortly after the sighs of relief that followed the Long Island Railroad labor contract announcement, skeptics questioned how it will be paid for without fare hikes or cutting into Metropolitan Transportation Authority capital funding.

New York Gov. Andrew Cuomo and negotiators announced a deal to avert a Long Island Rail Road strike that loomed three days away.

President Obama announced a new federal effort to connect local governments with private investor partners in transportation infrastructure projects during his visit Thursday to a shuttered bridge in Delaware.

The Connecticut Bond Commission is set to approve $2.75 million for the new Barnum train station in East Bridgeport, said Gov. Dannel Malloy.

New York's MTA and a consortium of eight Long Island Rail Road unions resumed contract talks four days before the unions are authorized to strike