RICHMOND VA. — The Commonwealth Transportation Board (CTB) completed the sale of $600 million of Commonwealth of Virginia Transportation Capital Projects Revenue Bonds on May 11 to advance transportation projects managed by the Virginia Department of Transportation and the Virginia Department of Rail and Public Transportation. This bond sale is the first step in the governor's plan to invest nearly $4 billion in roads, rail, and transit during the next three years.

WASHINGTON, D.C. — America’s infrastructure investments — levels of which have long trailed behind those of Asia and Europe — will be further stifled this year by pressures to cut federal spending and reduce the deficit, compelling cities to be evermore creative and resourceful in securing partnerships to start or continue infrastructure projects, according to “Infrastructure 2011: A Strategic Priority.” The report, released by the Urban Land Institute and Ernst & Young, emphasizes the challenge faced by many urban areas trying to provide adequate transportation and other infrastructure services for their residents, workers and businesses.

WASHINGTON, D.C. — May 8, 2011, marked the 200th anniversary of America’s first federally funded road, which connected Cumberland, Md., with present-day Wheeling, W.V.

SACRAMENTO, CALIF. — The California Transportation Commission (CTC) allocated $58 million in new funding to 56 highway, transit, and rail projects statewide to support jobs and upgrade the state’s transportation system.

WASHINGTON, D.C. — The American Road & Transportation Builders Association (ARTBA) is launching a new awards program to honor “extraordinary efforts of individuals, companies and public agencies that have demonstrated leadership and dedication to innovation in the transportation construction field as well as the promotion of women leaders within the industry.”