Transportation industry

Property taxpayers want a state court to order the city to reduce its 2024 tax levy by $187 million earmarked for a now-downsized mass transit plan.

Long-term liabilities have gone down and revenues have gone up, Fitch said.

The state has selected a stretch of Interstate 24 between Nashville and Murfreesboro to be its first "Choice Lane," an optional toll lane to bypass congestion.

The Federal Aviation Administration's fourth round of funding through the Airport Improvement Program covers 320 grants in 46 states.

The city announced its P3 partner this week even after its federal funding got cut in committee and Rep. Maxine Waters took a strong oppositional position.

New York lawmakers are helping a coalition of legal experts, transit riders, and environmental and disability advocates sue the governor for stopping congestion pricing.

Chicago Transit Authority CFO and Treasurer Jeremy Fine is leaving the agency, CTA President Dorval Carter, Jr., announced.

One-time spending, rainy-day funds and fare hikes are forming a rickety bridge for crossing the transit funding ravine.

The legislature dodged broad changes to education or transit, but bet big on business-friendly initiatives.

Infrastructure projects and plans for a new transit police department topped the agenda at the agency's State of the Agency event.

In a year characterized by a rise in mega deals, the agency looks to address an advancing financial "cliff."

Passed every two years since 2016, the Water Resources Development Act of 2024 hits on many of President Biden's climate and resiliency goals.

A 2023 U.S. Appeals Court ruling derailed federal approvals for the Uinta Basin Railway, which plans to seek up to $2 billion in private-activity bonds.

The city and its Austin Transit partnership are seeking court validation for bonds to help finance the multi-billion-dollar project.

House Transportation and Infrastructure Committee lawmakers urged new bills and new ways for transit authorities to deal with the post-COVID dynamics.

Driven by ongoing capital expenditure funding and current refunding opportunities, airport issuance is estimated at $21 billion in 2024, with a slew of from June through September and more planned in December, according to Ramirez.

The ratings agency cited growing enplanement counts, expectations of resilience during future economic downturns, and strong management for its upgrade to AA from AA-minus.

Moody's Ratings analysts revised the outlook to stable from negative on the expectation that states and locals will fill an $8 billion operations funding gap.

Co-authors of a bill to authorize a tax measure seen as crucial to Bay Area transit killed it amid opposition from multiple quarters.

California senators approved a tax measure to raise $1.5 billion after the bill's author promised further tweaks to occur on the Assembly side.