Economy

As Rhode Island lawmakers continue to debate Sakonnet River Bridge tolling, a state agency chief has threatened to return the bridge to the state if an impasse lingers.

Reliable, multi-year investments in the Northeast Corridor's 100-year-old rail infrastructure are needed to prevent massive system failures, warns Amtrak CEO Joe Boardman.

The Kentucky House passed a bill that would ban the use of tolls for the $3.5 billion Brent Spence Bridge project being planned by Kentucky and Ohio, while moving ahead with P3 projects elsewhere in the state.

Plans for major terminal overhauls are afoot for airports at Kansas City and Des Moines where officials are promoting the need to modernize the air fields to meet current and future aviation demands.

Virginia DOT has stopped work on a $1.4 billion toll road until it obtains final federal environmental clearance.

A proposed 47-mile toll road linking Indiana and Illinois is eligible for a federal TIFIA loan that could reduce construction costs by up to 20%, officials said.

Record ridership is just one of several credit positives for public transit agencies, Moody’s Investors Service said Monday.

Michigan lawmakers passed a $330 million mid-year 2014 budget supplemental bill last week that features more road money for local governments hit hard by the harsh winter.

Virginia Gov. Terry McAuliffe called a special session for March 24 because the House and Senate were unable to agree on a state budget or expanding Medicare.

New York MTA's Metro-North Railroad overemphasized on-time performance at the expense of rider safety, according to a blistering report by the Federal Railroad Administration.

Wisconsin plans to come to market as soon as March 20 with nearly $400 million of new money and refunding transportation revenue bonds.

Los Angeles County Metropolitan Transportation Authority is undergoing a reorganization to shrink what a consultant's report called a "top heavy" executive structure, and Chief Financial Officer Terry Matsumoto is leaving.

The Transportation Corridor Agencies boards voted Thursday to accept the resignation of Neil Peterson, chief executive officer of two Orange County, Calif. toll roads, who will be replaced on an acting basis by Michael Kraman.

After a battle over how to expand Medicaid coverage in the state, Arkansas lawmakers have approved a $5 billion budget.

The Transportation Department may have to begin rationing state highway grants in July as the Highway Trust Fund is expected to dip below the critical $4 billion mark by summer.

The Illinois Finance Authority board signed on Centegra Health System's plans to borrow $200 million for a new hospital and an agreement to assist with obtaining ratings on a financing tied to the proposed Illiana toll road.

Oregon's legislature ended its short session this month, approving over $5 billion in debt, but ending the Columbia River Crossing plan for a modern Interstate 5 span across the Columbia River.

Two of Florida's largest airport operators, in Orlando and Tampa, plan to spend nearly $5 billion on multi-year capital plans dependent on millions in bond financing.

Moody's upgraded Hartsfield-Jackson Atlanta International Airport's general revenue bond ratings to Aa3 from A1 citing its financial and operational strengths.

Buoyed by record ridership in 2013, public transit advocates want their fair share of funding from Washington in the next multi-year surface transportation bill.