Transportation industry

The CTA heads into the market with an amended budget and warnings about the coronavirus pandemic's impact on its budget without a new infusion of federal aid.

Both domestic and international travel have been down sharply during the pandemic.

Without giving a reason, Florida’s bond-funded passenger rail developer severed ties with Virgin and said the train system’s name will revert to Brightline.

They cited recent waves of COVID-19 in rural and farmland areas and the success of mass transit overseas at containing the spread.

Nick Sifuentes, executive director of the Tri-State Transportation Campaign, discusses the unparalleled crisis mass transit systems face nationwide due to the coronavirus. Paul Burton and Andrew Coen host. (19 min)

Failure to aid one could hurt the others, according to the state comptroller's review of the city's financial plan.

As the Metropolitan Transportation Authority lines up two note sales, the rating agency said the authority could tap into the Federal Reserve’s Municipal Liquidity Facility.

Bi-state transportation agency seeks $3 billion of federal assistance to avoid capital plan cuts.

San Francisco International Airport will issue $291 million in refunding bonds amid belt-tightening efforts driven by a massive drop in passengers.

Florida TaxWatch and environmentalists are urging Florida lawmakers to stop planning for the Suncoast Connector and others before millions are spent.

Metropolitan Transportation Authority Chairman Patrick Foye called mass transit "the circulatory system of the nation."

Even with more federal rescue aid, which is hardly a given, the Metropolitan Transportation Authority may have to resort to deficit borrowing.

The commission approved the borrowing amid projections of a $153 million budget shortfall for fiscal 2020 due to COVID-19.

The shroud of uncertainty surrounding further COVID-19 federal rescue aid has many public transit agencies and advocates antsy.

They are pushing the U.S. Senate for up to $36 billion, citing the devastating effects from COVID-19.

Setting capital investment priorities and other efficiencies can help the public transit system through its coronavirus-related fiscal crisis, a budget watchdog says.

Fourteen states and 19 local authorities have delayed or canceled road, transit and airport projects worth $8.58 billion due to the coronavirus.

Organizers say the goal is for for technologies to make public transit safer, cleaner and more adaptive.

Federal funding will cover the replacement of the Bourne and Sagamore bridges, with ownership to transfer to the Massachusetts DOT upon completion.

Transportation officials have spent nearly six years on a Massachusetts Turnpike redesign and an infrastructure merge called the "throat." Time is running short.