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The Massachusetts Bay Transportation Authority plans tomorrow to sell its first Build America Bond deal, set for $213.8 million, after offering $39.3 million of traditional tax-exempt debt to retail investors today.
October 16 -
WASHINGTON — Rail advocates are urging the federal government to partner with states to develop a national high-speed rail network. The partnership should be modeled after the Interstate highway system, and Washington should share the costs of projects and create a dedicated funding source similar to the federal highway trust fund, they told members of the House Transportation rail subcommittee Wednesday afternoon.
October 15 -
Washington motorists appear willing to ante up to make up for budget cuts to state parks.
October 15 -
DALLAS — Regional transportation planners in the Phoenix area will take the first step toward a rail link to the western suburb of Glendale next week with the $878,000 study of the new route.
October 15 -
Atlanta officials announced Friday that in preparation for the upcoming sale of debt for Hartsfield-Jackson Atlanta International Airport, a due-diligence review found a number of errors in classifying expenses dating back to 2003.
October 14 -
The Metropolitan Transportation Authority broke state law when it agreed to new sale terms for the Vanderbilt rail yards in Brooklyn, plaintiffs allege in a suit filed yesterday in New York State Supreme Court.
October 13 -
BRADENTON, Fla. — Florida Department of Transportation Secretary Stephanie Kopelousos said this week that her agency has received the necessary letter of credit from Miami for a portion of its funding for the $1 billion Port of Miami Tunnel project.
October 13 -
The Federal Railroad Administration was so swamped with applications for the $8 billion of high-speed rail funding authorized by the American Recovery and Reinvestment Act that it is delaying until the winter its announcement of the grant winners.
October 13 -
DALLAS — With tolling options closed, the Texas Transportation Commission is considering funding sources for a $2.2 billion expansion of heavily traveled Interstate 35 to six lanes from San Antonio to the Dallas-Fort Worth area.
October 13 -
The Chicago Transit Authority this week proposed a $1.3 billion 2010 budget that relies on a fare hike, service cuts, other spending reductions, and dipping into capital funding to eliminate a $300 million operating deficit.
October 13

