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Northern Beltway Around Winston-Salem, N.C., Gets $80M in Bond Funds

Three portions of the Northern Beltway around Winston-Salem, N.C., qualified for a combined $80 million in bond funding during the first week of August, according to the Winston-Salem Journal. The monies come from Grant Anticipation Revenue Vehicle (GARVEE) bonds, typically designated for North Carolina Department of Transportation (NCDOT) projects....


New South Charleston, W.V., Construction Projects Being Planned

As a result of the West Virginia Parkways Authority recently selling a total of $423 million in bonds to investors, the money is required by state law to finance highway construction projects in the 10 counties close to the West Virginia Turnpike....


Funds to Fix Connecticut's Roads, Bridges Drying Up, No Solutions in Sight

While the coronavirus dominated summer headlines, Connecticut's five-year effort to accelerate the transportation rebuilding program slowed to a stroll on July 1. A risky initiative to force tolls — by borrowing and spending billions of extra dollars on new projects between 2016 and 2020 — concluded on that date, without those fees or any other plan to pay for all of it....


N.J. Libraries to Get State Funds to Replace Aging Infrastructure

New Jersey Gov. Phil Murphy delivered a list of proposed projects for the first round of funding from the Library Construction Bond Act (LCBA) to the Legislature on Nov. 5. The LCBA authorized $125 million in state bonds to fund critical improvements to public libraries in New Jersey....


Voters Approve Record 94 Percent of Transportation Investment Initiatives Totaling $14 Billion

Voters in 18 states have approved a record 94 percent of state and local ballot initiatives to date, providing an additional $14 billion in one-time and recurring revenue for transportation improvements throughout the country, according to an analysis by the American Road & Transportation Builders Association (ARTBA)....


North Carolina Approves $700M in Bonds for Road Construction

North Carolina state officials approved the issuing of $700 million in bonds Oct. 6 to support road construction and repairs. The 10-member Council of State unanimously passed a resolution that initiates the Build NC bonds sale, part of a $3 billion transportation package approved by the General Assembly in 2018....


Bonds Raise $600M for High-Speed Rail

SACRAMENTO, Calif. (AP) California sold $600 million in bonds on March 27 to help pay for its high-speed rail project even as lawmakers and Gov. Gavin Newsom acknowledge challenges to completing the line between Los Angeles and San Francisco....


N.H.'s Turnpike System Receives Improved Grade

New Hampshire Department of Transportation rating for long-term revenue bonds has been upgraded to AA- from A+ from a key ratings agency that will allow for more favorable borrowing rates and measurable savings....


Today's Top Stories

  1. MassDOT Plans to Replace Cape Cod's Sagamore Bridge With Two, Three-Lane Spans  →
  2. Depreciation Bonus Begins Phase-Out  →
  3. VIDEO: Propson Embraces Trend Toward Rotating Telehandlers  →
  4. MoDOT Selects Contractor for $600M Improve I-70 Project  →
  5. Caterpillar to Spotlight 'Next 100 Years' at CES 2025  →
  6. Construction Edge Opens New Location, Expands Services  →
  7. Turner Construction Leads $675M Concourse Project  →
  8. Silver Creek Materials: Stewards of the Earth in Texas  →
  9. Far South Side Sees Sneak Peek of CTA Red Line Extension  →
  10. Florida's Sarasota Bradenton International Airport Sees $105M Terminal Expansion  →
  11. Rokbak Haul Track Telematics Boost Uptime With Proactive Maintenance  →
  12. Amtrak Secures $112M in Federal Funds to Upgrade 13 Projects in Northeast Corridor  →
  13. Magni Telescopic Handlers Broadens Dealer Network With Carolina Cat in North Carolina  →
  14. Murphy Tractor's Park City Facility Is Now Official John Deere Rebuild Center  →
  15. Liebherr to Exhibit at World of Concrete 2025  →
  16. Bobcat Celebrates Season of Giving With Volunteerism, Hurricane Relief, Philanthropic Support  →
  17. Hitachi Construction Machinery Wins Silver in 2024 Anthem Award  →
  18. Blanchard Machinery Holds Demo Day in West Columbia, S.C.  →
  19. Illinois DOT Celebrates Completion of I-55 Interchange Near Joliet, Shorewood  →
  20. RDO Equipment Co. Announces ISO 45001:2018 Certifications for 44 Locations  →
  21. SISO Air, InTerra Form Strategic Reseller Agreement  →





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