Infrastructure

The Department of Transportation's is awarding more than $332 million for 171 grants across 32 states to modernize airports as part of the BIL's Airport Infrastructure Grants program.

Nebraska's State Highway Commission on Dec. 6 unanimously authorized the issuance of bonds — a state first — to finance the completion of a highway corridor.

The $33 billion funding gap in the authority's five-year capital plan is too big, the Senate majority leader and Assembly speaker said in a rejection letter.

The Trump administration will bring a shift in infrastructure priorities.

Despite the approval, hurdles remain, including the team's request for more money from the government, which they say delayed approval of the bonds, leading to additional construction costs.

Justices appeared open to narrowing the scope of federal environmental impact reviews during oral arguments on a bond-financed Utah railway to move crude oil.

Operator ports, which rely on shipping volume for revenue, are more exposed to trade policy shifts than landlord ports, analysts said.

The legislation sends unobligated dollars from the TIFIA program to the popular Surface Transportation Block Grant.

Connecticut is poised to ramp up transportation borrowing, after years of consistently issuing less debt than it had the capacity and authority to sell.

Pinellas County still needs to approve more than $300 million in bonds of its own for the stadium and redevelopment.