Economy

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.

Moody's dropped the GO bond ratings on Louisiana's St. Charles Parish Hospital District No. 1 below investment grade citing a strained financial position and high debt load.

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

The Tuomey Healthcare System is fighting what it calls improper federal efforts to subordinate bondholders while it appeals a massive fraud judgement.

New York Gov. Andrew Cuomo says New York's financial support for the money-losing Long Island College Hospital can continue for only a few more days.

The Massachusetts Bay Transportation Authority awarded a $23.9 million contract to repair three bridges spanning the Merrimack River in Haverhill.

The chairman of New York's Metropolitan Transportation Authority acknowledged Wednesday the possibility of a Long Island Rail Road strike in the summer.

Oregon Gov. John Kitzhaber says the state legislature must take action next month to move forward with the Columbia River bridge replacement project or it will die in March.

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.

New York Gov. Andrew Cuomo is working to expedite New York City airport capital projects.

Remarketing $700 million of variable-rate debt last year has helped New York's MTA position itself in a volatile market, finance director Patrick McCoy said.

A new report says Kentucky and Indiana saved $300 million on the Ohio River Bridges Project primarily because of design and construction efficiencies.

Fitch Ratings on Monday upgraded Rush University Medical Center's debt by one notch to A-plus in recognition of its consistently strong profitability.

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

Nebraska will consider issuing bonds for highway projects for the first time in decades.

Audits of two MTA commuter lines found they failed to properly manage overtime paid by funds from federal stimulus funds, said a state comptroller's report.

Nearly $1 billion of notes and bonds to be priced and placed soon will keep the Grand Parkway toll loop growing around the Houston metro area.

Former Florida state Rep. Steve Precourt has declined an offer to be the executive director of the Orlando-Orange County Expressway Authority.

The Federal Reserve Bank of San Francisco appointed Gina Marie Lindsey, executive director of Los Angeles World Airports, to the board of its Los Angeles branch.