Transportation industry

DALLAS -- U.S. economic performance next year is expected to be tepid or about the same as 2016, according to respondents of the Fitch Live Market Survey on Thursday.

The New York State Thruway Authority is expected to face fiscal challenges with its current revenue structure and must implement a long-term capital plan to cover important infrastructure needs, according to a new audit released by State Comptroller Thomas DiNapoli.

New York Mayor Bill de Blasio signed legislation authorizing the creation of the Greater JFK Business Improvement District.

The looming deadline of California's special legislative session on transportation funding could provide an opening for much-needed legislation before new lawmakers take their seats next legislative session, those closely watching the developments in Sacramento believe.

Continued biennial toll and fare increases, and further savings are essential for the finances of New York’s MTA, its chief financial officer told the board.

A $338.5 million federal loan is part of the funding package for a subsea road tunnel project in Virginia.

Transit advocates want Maryland Gov. Larry Hogan to drop search for high-tech ways to unclog congestion.

The finance committee of New York's MTA approved Loeb & Loeb LLP as outside counsel relating to the Penn Station renovation project.

The Colorado Department of Transportation will study a method of charging motorists by the mile to replace the state’s fuel tax. The four-month study begins in December.

The opening of New York’s long-delayed $4.5 billion Second Avenue subway line by year’s end is still up in the air, said the MTA’s independent engineer.

Local governments should look to own resources to fund large transportation projects, warns Sen. Lamar Alexander, R-Tenn.

Los Angeles Metropolitan Transportation Authority is pricing $514.8 million in bonds this week fresh off passage of a half-cent sales tax measure.

Denver International Airport officials hope to land about $44 million of savings on a $250 million refunding issue this week. In its 21st year, DIA is rapidly paying down the debt used to build the nation's sixth busiest airport.

A referendum New Jersey voters approved Tuesday that dedicates all gas tax revenue to transportation projects marks the final step in a credit negative tax package adopted in October, according to Moody's Investors Service.

The constitutional amendment passed by Illinois voters putting transportation related revenues in a lockbox was labeled by Moody's Investors Service as a negative credit factor for the state.

Voters approved more than $200 billion of bonds, tax extensions, and new revenues for roads and transit.

President-elect Donald Trump's promise to rebuild the nation's infrastructure is resonating with Republican and Democratic lawmakers, but could spell trouble for municipal bonds.

The stage for is set for historic tax reform that could imperil the tax exemption for municipal bonds.

Some Mississippi Democratic legislators want to void a state tax cut to fund roads.

Former Chicago Transit Authority manager John Dalton will oversee the long-delayed Green Line extension project in Greater Boston, the MBTA announced.