Transportation industry

By delaying the bill signing, Oregon Gov. Tina Kotek shortens time opponents have to gather signatures for a measure to overturn the transportation bill.

Metra announced fare hikes in its 2026 budget, part of a broader regional policy requiring the Chicago Transit Authority, Metra and Pace to raise fares.

Legislators and transit groups are pushing to get transit reform across the finish line this month, lawmakers and stakeholders said Friday.

California Gov. Gavin Newsom signed legislation that will place a regional sales tax measure on the November 2026 ballot to aid struggling transit agencies.

Washington revenues through 2029 are expected to be $900 million below the 2025-27 budget estimates.

Massachusetts is set to price its annual transportation deal in early October, even as it plans for a decade of heavy transportation borrowing. 

If Gov. Gavin Newsom signs the two bills, it would be credit positive for San Francisco area transit, Moody's Ratings analysts said.

The Pennsylvania government is still kicking the can down the road on public transit funding. This time, it's using capital funds to plug operating gaps. 

Lawmakers passed California Gov. Gavin Newsom's expansive energy package, including a bill to extend the state's cap-and-invest program.

The authority's borrowing apparatus is maintaining a business-as-usual approach it embarks on a massive new capital program and fends off federal cuts.