Transportation industry

A recent upgrade from Moody’s could cut interest costs for this week’s $500 million bond sale, said New York MTA official.

Gov. Charlie Baker appointed the five-member Massachusetts Bay Transportation Authority control board right after signing the $38 billion fiscal 2016 budget.

Virginia will eliminate tolls on two tunnels under construction with $78 million saved by cancelling a P3 road project.

Sen. Ron Wyden, D-Ore., hopes that one day, parents will give their kids infrastructure bonds for the holidays.

Senators are optimistic about passage next week of a multiyear transportation funding reauthorization measure.

The Port of Seattle is set to sell nearly $600 million of bonds next week to refund outstanding debt and to finance new projects at the city's airport and other facilities.

The New Jersey Transit Board of Directors has approved a 9% fare hike as part of its fiscal 2016 operating budget adopted on July 15.

The Delaware River Port Authority's board approved an $18 monthly credit for E-ZPass monthly account users on four bridges connecting Greater Philadelphia and New Jersey.

The House on Wednesday voted 312 to 119 to approve a bill that would extend federal transportation funding through Dec. 18, with an $8.1 billion transfer from general funds to the Highway Trust Fund.

An $8 billion plan to stave off insolvency of the Highway Trust Fund would keep federal transportation funding flowing to states through Dec. 18.

The Central Florida Expressway Authority has appointed Lisa Lumbard as the agency's permanent chief financial officer.

House Republican leaders are putting together an $8 billion, five-month bailout of the Highway Trust Fund through the end of 2015.

Moody’s upgraded New York MTA’s transportation revenue bonds to A1 from A2, ahead of its $478 million sale scheduled for next week.

A bipartisan group of nine House members wants a winner-take-all vote on proposed transportation revenue measures.

Senate will take up a highway funding bill next week but revenue source remains contentious.

Massachusetts lawmakers send a $38 billion budget to Gov. Charlie Baker one week after fiscal 2016 began.

Months after the original private owner of the publicly owned toll road went bankrupt, the new owner, Australian fund manager fund IFM Investors, is set to complete the financing of its takeover bid next week.

Revenues generated from an overhaul of the corporate tax code could fund highways, Senate report says.

San Diego Mayor Kevin Faulconer's fiscal 2016 budget doubles the annual amount the city spends on street repairs to $74 million.

Gas prices fell in four of the six states with gasoline tax increases taking effect July 1, survey finds.