GRANGER, Ind.— Australian investment consortium IFM Investors has closed on its $5.72 billion purchase of another company and its lease on the Indiana Toll Road was filed Wednesday in federal bankruptcy court in Chicago. IFM Investors plans to invest $260 million in capital improvements on the Indiana Toll Road over the next five years, The Times reported.» Read More
There's a lot of money sitting on the sidelines of the global economy. Let's put it to work to benefit all, says Ret. Gen. Wesley Clark.
Fewer than 10,000 workers could get the new minimum raise adopted by the Los Angeles City Council.
Plans are advancing for a private high-speed luxury railway in Florida by the end of 2016.
Big investors are shaping transportation in 2039 by betting on relatively boring fixes to bridges, airports and roads.
While the nation's primary passenger rail system is growing amid hopes for faster service, it's stuck with crumbling infrastructure.
On its centennial, cruisers are still flocking to make the 8–10 hour trip between oceans.
Ride-sharing service Lyft accused rival Uber of employing dirty tricks to get ahead.
Recreational vehicles are "the most discretionary purchase you can think of," so as the economy emerges from the recession, sales are starting to follow.
Companies are sitting on trillions in cash—would be great to see them invest it in US infrastructure, says the CEO of McGraw Hill Financial.
Farm-to-table meals have become so popular that hotels are now getting in the game by offering prepared meals using food hooked or shot by guests.
Congress is inching toward a solution to the government's highway funding crisis that is about as structurally sound as a sand castle.
Macquarie Bank and Cintra own a 75-year lease on the Indiana toll road. Baruch Feigenbaum, Reason Transportation analyst, explains why this is working, and the private sector's role in improving infrastructure in the U.S.
For all the attention Lyft has drummed up from investors, government regulators in New York are far from impressed.
House Speaker John Boehner said he welcomes a "pension smoothing" idea for raising highway funds and hopes to pass a bill within two weeks.
Business travelers spent less money per trip in the second quarter, but it wasn't because prices went down, according to a new report.
The Friday start to the long holiday weekend is shaping up to be the busiest travel day of the summer, according to forecasts.
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Here is the one big roadblock to Amazon's success, says Jake Novak.
LAX Airport could get a transit link to the Metro as soon as 2022.
Passengers at JFK, La Guardia, Newark and Stewart airports will soon get free Internet under a proposed contract.