Transportation industry

DOT to Provide Grants for Projects Relieving Congestion

The MBTA, which operates the Greater Boston mass-transit system, expects to cut its projected fiscal 2017 operating deficit by 43%, to $138 million.

A 2.2 cents per gallon cut in California’s gasoline tax will reduce funding for road and transit projects.

New York Mayor Bill de Blasio's proposed streetcar line through Queens and Brooklyn waterfront neighborhoods has drawn some skepticism about its funding plan.

In the second in a series of promised visits by U.S. cabinet secretaries to Puerto Rico, Transportation Secretary Anthony Foxx on Thursday announced steps to speed Federal aid to highway projects on the island.

Republican lawmakers contend that President Obama is breaking last year's budget agreement with his fiscal 2017 DOT proposal.

New York's MTA delayed holding a vote on a pre-agreement for a 99-year lease of its former midtown Manhattan headquarters to Mort Zuckerman's Boston Properties.

Newark Mayor Ras Baraka is calling for an audit of Port Authority of New York and New Jersey revenue related to the agency’s lease agreement with the city.

The full board of New York's Metropolitan Transportation Authority approved an additional $66 million to accelerate construction of the long-delayed Second Avenue subway line.

Non-partisan think tank report says states should raise taxes to boost investments in public infrastructure while borrowing costs are low.

California high-speed rail officials said they plan to start the $64.2 billion project in the north, rather than in the south.

The Massachusetts Bay Transportation Authority paid out an estimated $236 million in net swap interest the past 15 years, said a Pioneer Institute report.

New York's MTA will continue to sell transportation revenue bonds with a green label as long as investor demand warrants, a finance official said.

Georgia's recently enacted supplemental state budget dedicates $750 million to transportation projects.

The inadequate national investment in transportation infrastructure means it will take at least 21 years to replace or upgrade the 58,500 structurally deficient road bridges in the U.S., according to the latest bridge inventory from the Federal Highway Administration.

Proposal by Democratic leaders in the Maryland General Assembly would restrict governor's authority to allocate transportation project funding.

State lawmakers are looking at gas tax hikes and other proposals to increase funding for local transportation projects.

Interstate tolling is one way to make federal transportation funding more productive, CBO says.

Rhode Island Gov, Gina Raimondo signs a sweeping $500 million bridge-and-road improvement bill that includes a controversial tolls for large trucks.

Federal airport grants would increase while the passenger facility charge would stay at its current level under a proposed six-year reauthorization of the Federal Aviation Administration approved late Wednesday by the House Transportation & Infrastructure Committee.