Infrastructure

President Obama proposed a four-year, $302 billion surface transportation infrastructure construction and repair program.

The first segment of a new $5.7 billion rail line extension of the Washington Metrorail system to Dulles International Airport needs more work before it can handle passengers, the Metropolitan Washington Airports Authority said Monday.

Federal Railroad Administration gave California's bullet train authority another 90 days to come up with $180 million of state match for federal spending.

Congress must show political courage in expanding federal transportation funding as the Highway Trust Fund dwindles, DOT Secretary Foxx said Thursday.

The benefits of stimulus spending on transportation infrastructure during economic downturns outweigh the initial cost, the Transportation Research Board says.

Conservative financial structure of grant anticipation revenue bonds will buffer their credit ratings if federal highway funds drop in fiscal 2015, Standard & Poor's predicts.

Sen. Ron Wyden, the new chair of the Senate Finance Committee, has recently voiced some ideas that would favor the municipal bond market, such as extending bond-related and other expiring tax provisions and reinstating Build America Bonds. But the Oregon Democrat's past actions, such as sponsoring legislation that would favor tax-credit over tax-exempt bonds, have posed threats to the muni market.

A gradual economic recovery helped the credits of municipal bond issuers in 2013, Fitch Ratings said Wednesday, with the agency reporting that the past year witnessed fewer downgrades and more upgrades than 2012.

A Senate committee was warned Wednesday that the looming insolvency of the federal Highway Trust Fund could shut down transportation projects across the county.

Inadequate funding for transportation infrastructure in one of the biggest issues facing the United States, the Transportation Research Board said Tuesday.

A bipartisan proposal for national infrastructure bank funded by $50 billion of 100-year taxable bonds is a bad idea, according to the Economic Policy Institute.

The federal Department of Transportation signs off on an $840 million loan to a seven-county toll road system around Houston.

Governors presented more optimistic outlooks of their states' economies and finances in their state of the state addresses this year, and many said they would pursue new spending, Moody's Investors Service said in a report.

Metropolitan Washington Airports Authority picks four finalists for next phase of $5.7 billion light rail extension to Dulles International Airport.

The hot Texas economy is spurring operators of the state's airports and seaports to provide new infrastructure to accommodate the growing state.

The growth of shipping fleets is outstripping demand, leading Moody's Investors Service analysts to slap a negative outlook on U.S. ports for the next 18 months.

The thousands of airline flights cancelled this winter due to severe weather may affect some airports' revenues and cost budgets, Fitch Ratings said.

The American Public Power Association's board of directors has appointed Sue Kelly to become the group's new president and chief executive officer on April 1.

The head of Amtrak said the rapidly depleting federal Highway Trust Fund should be replaced with a Transportation Trust Fund that can invest in rail as well as highways.

Passage of a new federal highway funding bill will require local officials to school Congress, says House Transportation Committee chair Bill Shuster, R-Pa.