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Such deferrals could hurt an entity's credit if capital costs escalate over time, putting the system at risk. Conversely, proceeding with such projects could also hurt the credit rating if the resulting liquidity and debt levels are not already reflected in the rating.
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Failing to address America’s $90 billion backlog of public transit modernization needs, also referred to as State of Good Repair, results in a loss of $340 billion in business revenue to the U.S. economy over a six-year period, according to an new APTA study.
Read More →NYSERDA and NYSDOT will award the funding as part of a two-step competitive process.
Read More →The FTA's newest technical assistance center promotes the availability and accessibility of transportation options that serve the needs of people with disabilities, older adults and caregivers.
Read More →The Beyond Traffic 2045 report is a comprehensive study of the major trends that will shape our nation’s transportation system over the next thirty years.
Read More →Secretary Foxx’s tour will include visits to manufacturers, bridges, freight facilities, and highway projects in an effort to raise awareness of America’s infrastructure deficit.
Read More →A shuttle service, subsidized by TriMet and the University, saw a record-breaking 5,000 riders in a four-month period ending in November. Meanwhile, the University recently acquired two more Zipcars to meet a spike in demand from students and faculty.
Read More →With the new program, UMass Lowell is increasing transportation options — which include a network of campus shuttles and a free bicycle-sharing program
Read More →New York's Transit Score ranking by Walk Score increased 2.9 points to 84.1 from 81.2 in the last published ranking in 2014.
Read More →The FHWA-funded grants will be awarded to Operation Lifesaver organizations in Alabama, Arizona, Kansas, Louisiana, Maryland, Mississippi, Nebraska, New Jersey, North Carolina, North Dakota, Oregon, and South Dakota.
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