Transportation industry

Lack of action on a long-term transportation funding bill “is a joke,” said Sen. Claire McCaskill, D-Mo.

MTA Chief Thomas Prendergast wants New York City to contribute $300 million to the agency’s capital plan and $1 billion further for the Second Avenue line.

The North Carolina DOT picked a consortium headed by Cintra Infraestructuras S.A. to build a 26-mile express toll lane project.

The chairman of the Metropolitan Transportation Authority wants New York City to ramp up its contribution to the transit agency.

A federal lawsuit seeks to stop Ohio from using toll revenue from the Ohio Turnpike to finance non-turnpike related highway projects.

Average gasoline consumption falls to a 30-year low, threatening revenues from the main source of state and federal transportation funding.

Michigan Gov. Rick Snyder is making a three-city campaign swing Monday as part of a last-minute bus tour urging voters to approve a controversial sales tax increase on Tuesday’s ballot.

The Port Authority of New York and New Jersey is moving ahead with plans to replace Newark Liberty International Airport's aging monorail service.

The Port of Beaumont Navigation District that ranks as the largest shipping point for U.S. military cargo gets a Moody’s Investors Service downgrade to A3 from A2 based on recent negative revenue trends.

The design for a new Walk Railroad Bridge in Norwalk remains on schedule, said Connecticut Gov. Dannel Malloy and state transportation Commissioner James Redeker.

Oregon selects the vendors that will collect the vehicle data needed for the nation’s first pay-per-mile road usage program.

House Appropriations subcommittee adopted a fiscal 2016 transportation budget with no increase in highway and transit spending.

The Panama Canal expansion will benefit East Coast local governments near key ports, but West Coast ports will not lose business from the expansion, according to a Moody’s Investors Service report.

A second federal lawsuit has been filed challenging the private activity bond financing for the All Aboard Florida train project; the latest suit comes from Martin County, Fla.

New York’s MTA board approved a ban on political advertising after some contentious debate and an adverse ruling in federal court.

Connecticut Gov. Dannel Malloy continued his push for a 30-year, $100 billion transportation infrastructure spending package.

Millions of jobs and billions of dollars in state road and transit projects are at risk unless a multiyear federal transportation bill is in place by the end of May, Senate Finance Committee Democrats warned on Tuesday.

Variable rate debt represents 8% of the bond portfolio of New York's Metropolitan Transportation Authority — well below its 25% threshold, said finance manager Patrick McCoy.

A $967 million federal loan for commuter rail safety technology represents "a very favorable position for the MTA," said finance manager Patrick McCoy.

New York’s MTA may have to raise fares by as much as 15% if its proposed capital plan falls short, according to chief financial officer Robert Foran.