Transportation industry

A big uncertainty for New York's MTA looms after it approved its operating budget for 2015: Its proposed $32 billion capital plan, which state officials must approve.

Moody's raises its outlook for U.S. airports to positive as economic growth boosts passenger loads.

Long Island's Nassau County now must plug a budget gap after legislators voted unanimously Monday evening to repeal a controversial revenue generating school-zone speed camera program.

Alabama plans to price $508.5 million in highway bonds in mid-January backed by an AAA rating from S&P that could save the state $40 million, the governor said.

New York MTA board members called on the state to waive fees on new money bonds, which could cost the MTA $22.5 million in calendar 2015.

New York's MTA seeks up to $300 million in federal funding for infrastructure improvements for the L subway line to account for a spike in ridership.

The federal government has given Illinois and Indiana the go ahead to advance plans for a more than $1 billion bistate toll road both states hope to build with financing from a public-private partnership.

The House late Thursday passed a spending bill known as the "cromnibus" that would fund most federal government agencies through the end of the federal fiscal year.

Puerto Rico Governor Alejandro García Padilla announced that he will sign a bill to increase oil taxes to support the commonwealth's Government Development Bank for Puerto Rico and the Highway and Transportation Authority.

Squeezed for funds to finance transportation projects, Missouri is eyeing tolls to improve and expand Interstate 70.

Falling crude prices may make an increase in the federal gasoline tax more politically palatable.

MTA officials heard Staten Island officials and residents tell them that they and other outer boroughs are shortchanged.

The Port Authority of New York and New Jersey adopted a 2015 budget Wednesday that keeps operating expenses flat while also addressing capital needs.

Members of Congress unveiled a fiscal 2015 spending bill late Tuesday, but some provisions tucked into the measure were drawing opposition.

Puerto Rico Gov. Alejandro García Padilla has not yet decided whether he will sign oil tax rise legislation approved by the legislature that would support the Puerto Rico Highways and Transportation Authority.

Governments should invest $163 billion a year in infrastructure to keep pace with growing transportation needs, new study finds.

A proposed $2 billion rail transport system to northeastern Utah's Uinta Basin oil producing region is shelved as the estimated cost more than doubled to $5 billion, state officials said.

Texas Department of Transportation executive director Joe Weber said he expects the upcoming session of the Texas Legislature to de-emphasize toll roads after a series of protests and a general feeling of "toll fatigue."

Gov.-elect Greg Abbott said he wants to invest an additional $4 billion in road and transportation projects in Texas without raising taxes or tolls. Abbott will succeed Texas' longest-serving governor, Rick Perry, in January as the 2015 Legislature convenes.

A Florida anti-transit tax group asks voters to remain vigilant against future attempts to fund a light-rail commuter system after defeating a tax on Nov. 4.