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The rating agency cited the MTA's congestion pricing program, ridership recovery, healthy liquidity levels, and continued state support for the higher rating.
August 12
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The Virginia Port Authority will sell bonds to finance upfront rent payments for the privately owned Virginia International Gateway.
August 11
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The rating agency cited stong debt service coverage and modest leverage.
August 11
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Analysts say the outcome of the special session called by Gov. Tina Kotek to avert layoffs and close a transportation funding gap could affect ratings.
August 1
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A 2024 Illinois law changing sales tax distributions has ramifications for the fiscal cliff facing Chicago-area public transit agencies.
July 23
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Streamlining federal permitting and partnering with state DOTs are among the priorities for the next surface transportation bill.
July 17
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"It's time for this boondoggle to die," said Transportation Secretary Sean Duffy.
July 17
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The layoffs will mean a hit to basic services and the cancellation or delay of projects.
July 9
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Oregon Department of Transportation leaders said they will begin layoffs Monday after lawmakers adjourned without passing a transportation funding bill.
July 3
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Reduced ridership, political backlash, and zero-fare agencies are challenging transit system finances.
July 1
