Infrastructure

An economic study that stresses the value of investments in transportation is part of a weeklong effort by President Obama to get a long-term highway funding bill.

The State Highway 130 Concession Co. that operates a new, lightly traveled toll road outside Austin says it has reached new terms with its lenders and is not in default.

Indiana should impose a new tax to raise revenue for transportation infrastructure, a blue ribbon panel has recommended to Gov. Mike Pence.

The Kansas Department of Transportation will bring $250 million of new money revenue bonds to market for major construction projects under its T-Works program.

The Army Corps of Engineers is developing policies and procedures for a pilot program of partnering with private sector investors on waterway and port projects, a top Corps official told a House subcommittee.

A generous settlement with Long Island Rail Road unions could divert critical pay-as-you-go funds from critical MTA capital needs, Moody's said.

House and Senate tax-writing committees approved similar but not identical 10-month, $10.8 billion bailouts of the almost-depleted Highway Trust Fund, with each chairman contending his panel's bill is the most bipartisan measure.

The current failure of House and Senate negotiators to find common ground on a short-term fix for the almost-insolvent Highway Trust Fund may not mean the ailing fund won't be patched, transportation experts said Wednesday.

The chairman of New York's Metropolitan Transportation Authority got the message he expected in Washington: Congress will not step in should LIRR workers strike.

The House Ways and Means Committee plans to vote on a bill Thursday that would transfer almost $11 billion to the Highway Trust Fund to keep it solvent through May 31, 2015.