-
Federal officials, citing a failure to adequately study the civil rights impacts of the project, have followed through on a threat to withdraw a $70 million stimulus grant that was to help finance a rail link between Oakland International Airport and the nearest Bay Area Rapid Transit District train station.
February 16 -
Moody's Investors Service assigned a negative outlook last week to the Greater Cleveland Regional Transit Authority's outstanding limited-tax general obligation debt, saying it faces a number of economic and fiscal challenges, including depleted reserves and a steep decline in its main revenue source.
February 16 -
A DuPage County Circuit Court judge last week handed over the title of St. Johannes Cemetery to Chicago, advancing the city's effort to clear a path for one of several new runways planned as part of the $8 billion expansion of O'Hare International Airport.
February 16 -
WASHINGTON — The South Carolina-based issuer of $322.5 million of toll road revenue bonds that are in default appears to be preparing to file for bankruptcy, according to a disclosure document.
February 12 -
WASHINGTON — A mileage-based revenue system to fund federally assisted transportation projects could be implemented within about five years, the RAND Corp. said in a report released online last week.
February 12 -
SAN FRANCISCO — Voters in two counties north of San Francisco gave overwhelming support in 2008 to a ballot measure taxing themselves to build a new commuter train line.
February 12 -
CHICAGO — The Chicago Transit Authority board this week signed off on the agency’s planned sale of $550 million of sales tax-backed, mostly taxable Build America Bonds to finance the acquisition of new rail cars.
February 11 -
CHICAGO — A central Indiana task force yesterday unveiled a nearly $10 billion regional transportation plan that recommends imposing a local sales tax and building express toll lanes to help keep Indianapolis competitive in the Midwest.
February 10 -
The Georgia State Transportation Board last Friday voted 9 to 2 to rescind a prior decision that would have changed the way the Georgia Department of Transportation conducts its accounting practice, a spokeswoman said.
February 10 -
Moody’s Investors Service issued a report this week warning that it remains pessimistic about airports and is keeping a negative outlook based on expectations for the next 12 to 18 months.
February 9
