Transportation industry

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.

The shortfall underscored advocates' calls to provide more dedicated funding to the statewide transit provider.

The mass transit agency is staring at a prolonged fiscal calamity with further federal support at a standstill and its $51.5 billion capital program in jeopardy.

Uneasiness about the markets and the RPF process during coronavirus pushed the transit authority's oversight board to retain the commuter rail operator.

Saddled with debt and its revenues now pummeled by the coronavirus, the agency faces a possible lawsuit over the austerity-related toll collector layoffs.

The Senate minority leader told advocates to lean on 21 key Republicans. "Everyone has friends and family in other states," he said.

Shifting to smaller annual increases — after a 36% turnpike hike in September, the first in eight years — is credit positive, according to one rating analyst.