Economy

President Trump’s promise of infrastructure action in first 100 days slipping away, experts say.

Darryl Irick is acting president of the MTA's New York City Transit unit, interim executive director Ronnie Hakim announced.

A federal court should dismiss two lawsuits challenging bond financing for the All Aboard Florida train project because the new administration will review future private-activity bond applications, court filings said.

Business executives tell House panel there are many avenues to increase infrastructure funding.

The Delaware River Joint Toll Bridge Commission has approved a $475 million bond issuance for a planned replacement of the 57-year old Scudder Falls Bridge that links New Jersey and Pennsylvania.

Underwriters interested in working on nearly $1 billion of planned borrowing by the Illinois State Toll Highway Authority over the next three years have until Friday to apply.

Participants in last year's historic $2.4 billion public-private partnership to fund a $4 billion development of New York City's LaGuardia Airport hope the unique deal fuels similar bond transactions at other U.S. airports.

Louisiana may rely on a P3 to finance the widening and other upgrades to Interstate 10 in Baton Rouge.

The sale of bankrupt Hanjin Shipping’s majority stake in a terminal operator that represented 30% of Port of Long Beach’s revenues in 2015 is a credit positive for the port.

Veronique “Ronnie” Hakim will be the interim executive director of New York’s MTA and Fernando Ferrer its interim chairman, said Gov. Andrew Cuomo.

Republicans in Wisconsin legislature ask planners for more realistic estimates of highway project costs.

The cost of major road projects in Wisconsin is twice as much as highway planners estimated, audit finds.

New Jersey healthcare providers are starring at escalating costs if the Affordable Care Act is repealed, according to the New Jersey Hospital Association.

The Port of Oakland this week asked a large stakeholder task force to look for operating efficiencies in preparation for an ambitious construction agenda this year.

California's cost for retiree health and dental benefits has grown to $76.68 billion, according to a report from State Controller Betty Yee.

President Trump’s order to streamline environmental permits is expected to ensure that get projects underway sooner.

The Port of Authority of New York and New Jersey should cease to own or operate transportation infrastructure, substituting ownership with private concession agreements, said a report.

President Trump’s nominee for Treasury Secretary Steven Mnuchin told lawmakers in writing that he plans to “enhance” private activity bonds so that they can be used to encourage more private investment in infrastructure projects.

New York’s Metropolitan Transportation Authority board switched tracks and shielded single-fare riders from the latest round of biennial fare and toll increases.

States have more than 300 infrastructure projects they say could be funded by President Trump’s program.