Congress should direct more COVID-19 relief dollars to higher ridership systems, think tank Regional Plan Association said.
While their regions, sizes and funding streams vary, several mass transit systems underscored the dire need for additional federal funding.
Financial damage from the COVID-19 pandemic forced New Jersey Gov. Phil Murphy to retreat from plans to build up the state’s reserves.
S&P Global Ratings follows Moody's Investors Service in revising state’s credit outlook downward on revenue losses from COVID-19 pandemic.
The state's tough budget position was underscored by an agreement with noteholders to extend a $750 million maturity while paying them higher interest.
Phil Murphy is developing an emergency borrowing plan to combat revenue loss amid the coronavirus pandemic.
One of the nation’s largest transportation borrowers issued its first bond disclosure about the fiscal impacts from the COVID-19 pandemic.
Attom ranked 483 counties across the country based on 4Q foreclosure notices, local wages and other factors.
With Atlantic City casinos closed, Fitch Ratings revised the outlook to negative from stable on Casino Reinvestment Development Authority bonds.
The bi-state transportation agency's executive director, Rick Cotton, recovered from virus than three weeks after testing positive.