Transportation industry

The U.S. Department of Transportation told a Florida congressman who made inquiries about All Aboard Florida’s financing that it “does not evaluate ridership, revenue, or creditworthiness” for private activity bond allocations.

Sen. Chuck Schumer, D-N.Y., said Tuesday in his inaugural speech as Senate Minority Leader that he hopes for more direct spending in President-elect Donald Trump's proposed $1 trillion infrastructure plan.

A coalition that opposes California high-speed rail has filed two lawsuits to try to halt the project just as the rail authority planned to seek approval to issue bonds.

Wisconsin could net up to $41 billion of new road revenue by 2050 with tolls on its interstate highways.

Tom Prendergast departs as New York MTA chief on a high note as Second Avenue subway line opened. His successor will face numerous challenges.

Tolls on interstate highways are seen as the only way to provide the revenue stream in President-elect Donald Trump's infrastructure proposal.

Finding more revenue for transportation infrastructure will be elusive but obtainable in 2017.

A New York subway line delayed over 100 years is about to open "on time" when Second Ave. Subway service begins on New Year's Day.

Alabama state lawmakers in 2017 will weigh competing major bond programs to fund transportation and prison construction, as well as two controversial gambling proposals.

Folding its $1.6 billion retirement fund into the state pension system is essential to the future of the Massachusetts Bay Transportation Authority, said a Pioneer Institute report.

The Illinois State Toll Highway Authority heads into the New Year with a $1.7 billion budget that includes $300 million of borrowing to finance projects in the sixth year of its $12 billion, 15-year capital program.

Latest estimates show declining ridership on Washington’s Metro won’t harm the $5.6 billion Purple Line P3 rail project.

A $159 million reconstruction of the Van Wyck Expressway in New York City designed to ease congestion between two major airports has been completed, New York Gov. Andrew Cuomo announced Thursday.

Salt Lake City International Airport is preparing to issue $900 million of debt with the debt-free airport's first bond deal since 2004.

Gov. Andrew Cuomo's ceremony to tour a new Second Avenue subway line drew an overflow crowd to the station's mezzanine. So much for alleviating congestion.

New York State's $500 million automatic tolling initiative at Metropolitan Transportation Authority-operated bridges and tunnels is moving full speed ahead with a planned completion date set for the end of 2017, Gov. Andrew Cuomo announced Wednesday.

New Jersey Transit is planning debt refinancing and new borrowing to cover a $12 million budget hole created by revenue losses from falling 2016 ridership.

Miami Beach put the brakes on a public-private partnership to build a 3.5-mile light rail streetcar, to let voters have a say in a larger transit plan that boosters hope can tap the Trump administration’s infrastructure financing proposal.

Interstate tolling and higher gas taxes are among state road funding proposals already on the table for 2017.

Illinois may opt for a public-private partnership to finance a $2.7 billion highway expansion project in Chicago.