infrastructure

The Biden administration will release a $6-trillion budget proposal for 2022, with official spending breakdowns set to be issued Friday, The New York Times reported.  Breaking Down the Plan: The proposal entails increasing the federal debt to 117% the GDP, with spending reaching levels...

The American Society of Civil Engineers (ASCE) gave the nation's infrastructure an overall grade of C-minus, up from a grade of D-plus four years ago, the association revealed Wednesday in its quadrennial report card. The evaluation was based on an evaluation of 17 infrastructure categories,...

The U.S. is still coming to grips with what Bloomberg News described today as "one of the most remarkable weeks in power and gas market history." A blast of cold weather triggered blackouts and disruptions to water systems throughout the week, after Texas experienced one of its ...

Next month before a joint session of Congress, President-elect Joe Biden plans to lay out his Build Back Better recovery plan that he claims will make "historic" investments in infrastructure. "It's time to stop talking about infrastructure and finally start building infrastructure," Biden said...

Policies addressing climate change, civil rights and equity will be linked with transportation policy like never before by the incoming presidential administration, according to policy experts in Washington. Even before Pete Buttigieg was nominated by President-elect Joe Biden on Dec. 15 to be the...

With Election Day less than two months away, odds are investors and voters will be hearing plenty about in the U.S.  While it's often "infrastructure week" or "infrastructure month" in Washington, D.C., the U.S. has not passed a comprehensive infrastructure spending...

Kansas City Southern (NYSE: KSU) stock rose by 5.29% on Wednesday after a report by the Wall Street Journal suggested the company received a second takeover bid. What Happened: The uptick in stock price put the market valuation of KSU around $18.4 billion. Kansas City Southern has a rail...

Twelve projects in nine states have been awarded more than $302 million in grants to upgrade track and railroad crossings, the Federal Railroad Administration (FRA) announced on May 27. The grants under the Federal-State Partnership for State of Good Repair program are for capital projects to...

The Federal Highway Trust Fund (HTF), already gasping for air due to declining revenue, is now getting hit with a case of COVID-19 as fewer vehicles on the road as a result of the pandemic means less money from fuel taxes. The HTF, which uses revenue collected from gasoline, diesel fuel and the...

An annual bridge repair survey by the American Road & Transportation Builders Association (ARTBA) should be used to focus attention on highway infrastructure funding once policymakers begin digging out from the effects of COVID-19, according to the group. ARTBA's 2020 report, released Monday,...

The market seems to have regained a little confidence after yesterday’s late downward spiral, but the true test lies straight ahead. A three-day weekend looms, with the markets closed Friday for the holiday. Typically, selling has accelerated into weekends lately as many investors feel shaky...

Arizona officials recently broke ground on a project to improve mobility and safety on a 3.75-mile stretch of highway near the United States-Mexico border. The project is aimed at increasing international trade coming through the Nogales-Mariposa port of entry by linking the port and Interstate 19...

U.S. lawmakers negotiating new surface transportation legislation will need to include a long-term infrastructure funding plan if they're going to satisfy the nation's truck, rail and ocean carriers, as well as the carriers' customers. That theme was prevalent throughout roughly 75 comments...

President Donald Trump is requesting an $810 billion, 10-year reauthorization of surface transportation programs as part of $1 trillion in direct federal spending on infrastructure over the next decade. The proposal, released Monday as part of the president's fiscal year 2021 budget proposal,...