Transportation industry

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.

The grant from the Federal Transit Administration completes funding for $1 billion Texas rail line linking Dallas-Fort Worth International Airport with downtown stations.

Elected officials from New York called on the Federal Transit Administration to fund the $6 billion second phase of the Second Avenue subway.

Maryland Gov. Larry Hogan wants lawmakers to repeal a new law requiring statewide ranking of road projects.

The Oklahoma Turnpike Authority plans to price $480 million of toll revenue bonds in January after the state Supreme Court shielded the debt from future litigation.

The California High-Speed Rail Authority board approved two funding plans that will clear the way for it to sell $4.7 billion in bonds.

Private investors sign contract to finance, build, and operate tolled express lanes on a Virginia highway.

Gov. Andrew Cuomo’s hurry-up offense for completing New York’s Second Avenue subway triggers questions about the MTA’s priorities.

Martin and Indian River counties have asked a federal judge to examine the new bond financing strategy employed by All Aboard Florida to determine the "full extent" of the proposal and its impact on their federal lawsuits.

The Illinois Regional Transportation Authority Thursday will consider a $3 billion operating budget and $5.1 billion five-year capital plan that boosts spending next year but still falls far short of its needs as a new state capital program languishes amid the ongoing budget impasse.

A New Jersey proposal to allow its Transportation Trust Fund to sell bonds directly to its underfunded pension system would worsen credit conditions, according to Municipal Market Analytics.

The MBTA's oversight board approved up to $277 million for 120 additional subway cars for its beleaguered Red Line in Greater Boston.