Transportation industry

New Jersey Gov. Phil Murphy wants his first budget proposal to begin a turnaround for the state’s mass transit system.

The other finalist is a consortium that features Chicago-based broker-dealer Loop Capital Markets.

Transit officials from across the nation meeting here this week said the president's proposed budget cuts don't track with his rhetoric on infrastructure.

Wayne County and Detroit officials hope a new, $5.4 billion, 20-year transit plan makes it to the November ballot.

Chicago has mollified American Airlines enough for the airline to throw its support behind a new airline lease agreement.

S&P Global Ratings said revenues are not increasing to match the New York regional transit agency's expenses.

The ruling could result in the county repaying millions of dollars improperly spent from its 1% sales tax dedicated to its transportation program.

Opposition from one of O'Hare's hub carriers remains a sticking point for the pricey terminal revamp.

Chicago is seeking $4 billion in initial borrowing authority to launch its overhaul of the airport's terminals.

The on-time and on-budget Tappan Zee Bridge replacment helped the authority land a positive rating outlook.

With the airport's runways updated, Chicago is now aiming to modernize its terminals.

A fear of the end of private activity bond tax-exemption led some sector issuance to surge in 2017.

The director of the Honolulu transit project offered to forego $3.8 million.

The new chief of the MTA's headline unit must juggle his vision for the agency with crisis management.

The Port Authority of New York and New Jersey is spending more than $364 million on the tunnel.

Inaction, significant new debt and failure to control labor costs and other cost drivers could pose major bondholder risks, says a Gurtin report.

An official says that a transit plan without Oakland and Macomb is “absolutely viable from a technical standpoint.”

A Public Policy Institute of California survey found 47% favoring repeal and 48% opposed.

Two Florida counties contend that environmental laws were violated when federal agencies allocated private activity bonds for the All Aboard Florida project.

Analysts say states' and cities' unfunded infrastructure should be viewed as a liability, along with debt, pensions and other post-employment benefits.