Transportation industry

New York MTA's $29 billion capital program is bound for Albany after its board approves the five-year plan.

The House on Tuesday passed a three-week extension of federal transportation funding that would keep reimbursements to states for highway and transit projects flowing through Nov. 20.

New York’s MTA reduces budget risk through the interest-rate and fuel-hedging strategies of its derivatives program, its finance manager said.

The House could vote as early as Tuesday on a 22-day extension of federal transportation funding to avoid a Oct. 29 expiration date.

Voters in Louisiana rejected a plan to boost transportation funding at the expense of the state's rainy day fund.

E. Virgil Conway, who was a chairman of New York’s Metropolitan Transportation Authority and a member of the MTA Board, died Oct. 21 in Southampton, N.Y. He was 85.

The Michigan Senate will begin reviewing the $1.2 billion transportation plan passed by the House the week of Oct. 26.

The Port Authority of New York and New Jersey has advanced a plan to move toward replacing its aging Manhattan bus terminal.

Congress will consider another short-term extension of federal highway funding as lawmakers seek a solution to a revenue shortfall.

The Philadelphia Regional Port Authority sees big economic potential for its plans to develop a 194-acre site at the tip of the Philadelphia Navy Yard.

Alaska Gov. Bill Walker Announced this week that he is allowing the Alaska Industrial Development and Export Authority to spend up to $3.6 million, which had already been appropriated, to continue early work on a proposed bond-financed road project.

The House Transportation and Infrastructure Committee on Thursday passed a six-year, $325 billion transportation bill after rejecting an amendment by Rep. John Garamendi, D-Calif., that would have increased the funding by more than $100 billion.

The ports of Seattle and Tacoma have merged their marine cargo operations in an effort to better compete with other Pacific ports while keeping their bond portfolios independent.

In the midst of some New Jersey lawmakers pushing to increase the state’s gas tax to pay for transportation improvements , a majority of residents are against the proposal, according to a new Rutgers University poll.

Wisconsin Gov. Scott Walker is urging state lawmakers to sign off on $200 million of general obligation borrowing for transportation-related projects that face delays without the infusion of funds.

New York’s Triborough Bridge and Tunnel Authority won a rating boost from Standard & Poor’s for its Series 2002F general revenue variable-rate bonds.

Voters in Louisiana Saturday select a new governor and decide on a constitutional amendment to fund new transportation projects that opponents say could hurt the state’s credit ratings.

Americans agree on the need for higher highway funding in a new nationwide poll but there’s no accord on how to pay for it.

States will be hard-pressed to maintain their credit quality if they attempt to fund infrastructure needs solely through traditional tax-exempt debt financing, Standard & Poor’s said in a new report.

House Democrats want more federal highway and transit funding than provided in Rep. Shuster’s six-year, $325 billion bill.