Transportation industry

New York City and the MTA deserve high marks for coping with the weekend blizzard and coordinating, said resilience financing expert Alan Rubin.

California cuts road and transit project funding by $754 million over five years as fuel sales tax revenues fall in step with pump prices.

Montgomery County, Texas, officials estimate that investors' flight to quality during a severe downturn in the equities and commodities markets helped reduce interest costs on a $112 million bond deal by nearly $27 million.

All Aboard Florida said it will sell $1.75 billion of tax-exempt private activity bonds for its $3.5 billion passenger train project as market conditions improve.

Virginia planners determine that express toll lanes on Interstate 66 is best way to cut travel times.

The New Jersey Turnpike Authority is in the home stretch of a $7 billion, 10-year capital improvement program.

South Carolina Gov. Nikki Haley asked lawmakers to raise the state's gasoline tax and cut the income tax rate.

Pennsylvania Gov. Tom Wolf announced a facelift for the Harrisburg Transportation Center and its surrounding areas, using up to $60 million in state and federal funds.

Local government lobbyists think California may have a window to pass transportation funding legislation this spring.

Arkansas Gov. Asa Hutchinson wants to raise state transportation funding by $750 million over 10 years without raising taxes.

States can begin expending their share of the $39.7 billion of federal transportation funding provided in fiscal 2016 by the new FAST Act.

Tennessee Gov. Bill Haslam will not propose an increase in the state’s gasoline and diesel taxes during the 2016 legislative session.

Georgia Gov. Nathan Deal’s 5% budget increase for fiscal 2017 allots more funds for transportation and $850 million in bonds for capital projects.

Indiana lawmakers are considering three competing proposals to provide additional funding for state transportation projects.

Kansas Gov. Sam Brownback plans to cut $25 million in highway spending and enact other cuts as revenue continues to fall.

Andrew Cuomo proposed a $145.3 billion budget for the 2017 fiscal year and reiterated his call for transformative infrastructure initiatives in his State of the State speech.

Capital needs are rising in the public transportation sector as aging infrastructure must be repaired or replaced, S&P says.

A report critical of Gov. Gina Raimondo's plan to toll trucks on Rhode Island's interstate highways stems from a trucking industry agenda, says a Raimondo spokeswoman.

Gov. Gina Raimondo’s plan to impose highway tolls on trucks in Rhode Island is based on faulty revenue projections, said a trucking industry-commissioned study.

Missouri will go ahead with planned road work with unexpected jump in gas tax revenues and a five-year extension of federal highway funding.