Infrastructure

The group of motorists who lost their challenge to the Elizabeth River Tunnels public-private partnership in the Virginia Supreme Court are asking the court to rehear the case, as the commonwealth's governor-elect suggests he is interested in working to lower the planned toll rates for the tunnels.

The Port Authority of New York and New Jersey reached a financial closing on a $1.5 billion P3 to replace the Goethals Bridge with a cable stayed design bridge.

An agreement on funding new and renewed transportation infrastructure could be the basis of a bipartisan budget deal, President Barack Obama said Friday at the Port of New Orleans in south Louisiana.

The Maryland Transit Administration plans to seek bids soon for a private partner willing to provide up to $900 million of funding for a $2.2 billion light-rail line in the northern suburbs of Washington following Gov. Martin O'Malley's and the state Board of Public Works' unanimous approval of the P3 competitive solicitation process.

Leaders of the Senate Environment and Public Works Committee chairman Barbara Boxer, D-Calif., have appointed six senators to join them on the conference committee that will reconcile two versions of water legislation, one of which contains a public-private partnership pilot program.

The federal government approved a $1.6 billion Transportation Infrastructure Finance and Innovation Act loan for the New York Thruway Authority’s new Tappan Zee Bridge.

The Virginia Supreme Court issued a ruling Thursday that allows the Elizabeth River Tunnels project to move forward as a tolled facility.

Traffic and toll revenues are ramping up on Maryland Transportation Authority’s $2.4 billion, 19-mile Intercounty Connector built to relieve congestion in the Washington area.

U.S. airports are rebounding from the recession to a more normal pattern with stabilized ratings, Fitch said in new report issued today (Oct. 30).

An $8.2 billion water infrastructure bill passed the U.S. House of Representatives with almost unanimous support Wednesday in the first major legislation considered in Congress after the recent 16-day federal government shutdown.

Constraints on local and state governments’ ability to fund infrastructure projects provide an opportunity for Chinese investors to provide capital, goods, and services.

New head of state highway officials group seeks national economic stability through sustainable federal transportation funding.

U.S. transportation sectors are in the doldrums with little increase in activity seen in 2013, Fitch says in new report

States can benefit from investing pension funds in infrastructure, experts said, though there were some concerns from state treasurers.

Congress is not honoring its Build America Bond promises to state and local governments, even as state and local governments are pledged to make payments to their investors and to rebuild the nation’s infrastructure critical to the future economy, jobs, and competitiveness of the country.

American Airlines proposed merger with US Airways Group stands to impact all airports but several US Airways large hubs are most at risk for change, Wells Fargo Securities LLC says.

House Transportation Committee leaders unveiled Wednesday a water infrastructure funding bill that would explore the possibilities of a new tax-exempt bond program and encourage public-private partnerships.

Moody's Investors Service expects an increase in toll roads and toll-supported projects, the ratings agency said in a report.

Reforms to the tax-exemption of municipal bonds should be "careful and deliberative, particularly in how they treat previously-issued debt," a report from the Committee for a Responsible Federal Budget said.

U.S. transportation secretary Anthony Foxx on Thursday announced that 52 transportation projects in 37 states will receive a total of about $474 million from the Department of Transportation’s Transportation Investment Generating Economic Recovery grant program.