Economy

All Aboard Florida , the proposed private passenger train service between Miami and Orlando, has applied for a $1.75B federal private activity bond allocation.

The most-traded P3 bonds have rallied this year, and retained gains since the Sept. 22 bankruptcy filing by the manager of the Indiana Toll Road.

The cost of Maryland's Purple Line rail project has risen to $2.45 billion, up $21 million since September and almost $1.5 billion more than projected in 2007, according to the latest estimate by the Maryland Transit Administration.

Standard & Poor's has bumped Howard Young Health Care Inc. firmly into single A category with a two notch upgrade in recognition of tis strong financials and its parent's relationship with Ascension Health Alliance last year.

The $15 billion gap in New York MTA's proposed four-year capital plan, recently vetoed by a state review board, has cast a pall over the transit agency's plans.

Americans are suffering the consequences of Congress, governors and legislators across the U.S. pushing the burden of today's costs onto the backs of tomorrow's taxpayers by repeatedly putting off infrastructure repairs and new construction.

A Chamber-led advocacy group is buying billboards and ads in 33 congressional districts urging Congress to fix the Highway Trust Fund.

The bankruptcy of the private operator who runs the Indiana Toll Road is not expected to affect the triple-A rated state’s credit, Moody's Investors Service said Friday.

S&P raised its ratings to A from A-minus on Southwest Florida International Airport bonds based on improving passenger loads and financials.

South Florida environmentalists filed suit Thursday to stop dredging of the channel to ready the PortMiami for opening of the expanded Panama Canal.

Fort Worth Transportation Authority may begin construction in 2016 of its long-anticipated $810 million rail line to DFW Airport.

New York City Transit's station repair program is progressing too slowly, said a report from State Comptroller Thomas DiNapoli.

The California Debt and Investment Advisory Commission is conducting an analysis of bond disclosure information provided by conduit borrowers including nonprofit hospitals when significant events occur.

Failure by Congress to develop a long-term transportation bill early next year could mean another highway funding crisis in a few months.

A Lackawanna County Court ruled that Scranton, Pa., overstepped in assessing a commuter tax on nonresidents.

A Brooklyn judge may have brought light to the end of the tunnel for financially struggling SUNY Downstate with a ruling that could facilitate the already agreed transfer of Long Island College Hospital to New York University.

Virginia lawmakers will consider a budget amendment to ensure new spending cuts do not imperil a planned $100 million road bond issue.

The MTA's Metro-North Railroad and Mount Vernon, N.Y., will work to replace up to three priority bridges that carry vehicular traffic, said Gov. Andrew Cuomo.

A Superior Court judge in Riverside County will hear arguments Oct. 31 on a motion for summary judgment in a lawsuit brought by Ontario, California seeking the return of its airport from Los Angeles.

Pennsylvania's P3 board approved a project seeking a private partner to develop clean-burning compressed natural gas fueling stations at public transit agencies statewide.