Transportation industry

Concerned about the tax bill before Congress, the private passenger train owners want to issue bonds by Dec. 31.

The authority, which runs New York City's subways and buses, faces uncertainty about external funding and its bonding options.

Variables range from the effect of the federal tax bill on advance bond refundings to external support for a subway improvement plan.

The structure the airport used combines the advantages of a bond issue with those of a private bank loan, an official said.

Alternative strategies include general obligation borrowing to offset limited bonding capacity in the special transportation fund.

Lawmakers Monday authorized issuing the voter-approved debt, including the first sale of $800 million soon.

Long perceived as clunky and stagnant, the Massachusetts Bay Transportation Authority is recrafting itself under control board oversight.

The Regional Plan Association recommends congestion pricing, infrastructure banks, public benefit corporations, a regional rail system and an end to 24-hour New York subway service.

Mayor Rahm Emanuel said there would be no taxpayer funding.

The bonds for Florida’s Brightline train project are rated BB-minus by Fitch.

A year from now, city officials may very well be asking voters to approve a bond package, perhaps to keep fixing the potholes on your street.

The Citizens Budget Commission says deficits could compromise Chairman Joseph Lhota's subway improvement plan.

The remodeling of the 22-year-old airport will add gates and update its security infrastructure.

The MTA tapped a transportation professional with experience in Toronto and London to spearhead the modernization of New York's subway and bus system.

Kansas City, Missouri was banking on private activity bonds for a "significant" role in the airport financing.

Florida Gov. Rick Scott has endorsed another record budget for the state: $87.4 billion for fiscal 2019.

County Executive Robert Astorino is keeping up his push for to privatize White Plains airport despite losing his reelection bid.

Portland,Ore.-area voters won't see a transit and road bond measure on their ballots in 2018.

One of the big unknowns, as the state Parkways Authority moves forward on preparations to sell up to $500 million of West Virginia Turnpike toll bonds for highways upgrades in 10 Southern West Virginia counties, is the extent of potential financial losses through the sale of super-discounted E-ZPasses mandated by law.

The loss of Southwest means enplanement costs go up, reducing its competitive advantage over nearby Detroit.