Infrastructure

The Metropolitan Transportation Authority may get needed relief from New York State for high borrowing fees connected with refunding bond sales, its executive director said Wednesday.

Kentucky Gov. Steve Beshear is proposing to fund his state's half of the massive $2.6 billion Ohio River Bridges Project with federal funds and toll revenue bonds over the next six years.

The West Virginia Legislature is considering a plan to ask voters to approve $1 billion of bonds for state road projects, according to the Charleston Daily Mail.

The Virginia Department of Transportation and the office of transportation public-private partnerships have released a request for information to develop a procurement strategy for the state’s five transportation operations centers.

A Louisiana panel studying the tolls on twin state-toll bridges across the Mississippi River in New Orleans has cautioned against removing the fees.

Citing three years of declining passenger counts, Moody's Investors Service downgraded Albuquerque International Sunport's senior debt to A1 from Aa3 and returned the outlook to stable from negative.

The Ohio Department of Transportation warned it was going to have to slice its budget and delay some projects by up to 20 years due to insufficient funds.

The House on Tuesday approved a 23d short-term extension to fund the Federal Aviation Administration for another three weeks, the first step in averting a shutdown and giving lawmakers time to craft a long-awaited multi-year reauthorization bill.

CHICAGO — Fitch Ratings hit St. Louis' public transit agency with a downgrade late last week as it continues to work on details of a debt restructuring and reduction plan planned for next year that would bolster its long-term fiscal health.

The New York City metropolitan region stands to lose billion of dollars through delays in infrastructure projects, the new executive director of the Port Authority of New York and New Jersey said Monday.