The operator of the Indiana Toll Road, which paid $3.8 billion for a 75-year operating lease, won approval Tuesday of a schedule paving the way to exit bankruptcy court protection in just more than a month.
The debt-ridden private company running the Indiana Toll Road intends to transfer its operations to a new entity under a bankruptcy filing planned for Monday.
Local officials say they're moving ahead with plans to replace a main bridge over the White River into downtown Anderson despite the $15 million project being rejected for a federal grant.
The state agency that oversees the Indiana Toll Road has given the highway's debt-saddled private operator until late November to prove that it's meeting its debt obligations.
Indiana has branded itself as the Crossroads of America. We take pride in being an automotive and industrial state. You’d think we’d embrace the idea of rest stops that welcome visitors and celebrate the car culture.
Hamilton County Commissioners wrapped up the local-government leg of their State Road 37 road show Tuesday, asking Noblesville Common Council to consider a resolution endorsing a Keystone Parkway-like overhaul intended to ease congestion.
The Indiana Department of Transportation had sued the southern Indiana county after it imposed restrictions in response to residents' complaints about late-night construction noise around the I-69 site.
The facts aren’t in dispute: Congestion on State Road 37 in Hamilton County must be addressed before development along the commercial corridor turns it into a parking lot. But easing rush-hour backups along the highway won’t be cheap or easy.
The Indiana Department of Transportation now plans for Interstate 69 to reach Bloomington by the end of 2015, a year later than originally planned.
The project will upgrade Indiana 37 to interstate standards. It’s part of the I-69 extension that will connect Indianapolis and Evansville.
Marion County Judge David Dreyer issued a temporary injunction Monday blocking a Monroe County ordinance that limited noise on the project between 10 p.m. and 6 a.m.
A trucking company is challenging the Indiana Department of Transportation’s authority to sue for damage to state property, a lawsuit that could affect thousands of motorists and millions of dollars in revenue.
Indiana has not solidified contingency plans that would be needed if Congress fails to pass a deal to cover a shortfall in a federal highway fund.
The Indiana Department of Transportation is suing the commissioners of a southern Indiana county, saying they have no authority to limit construction of the Interstate 69 extension near Bloomington with an ordinance that restricts overnight noise.
The state should index its gas tax to increase with inflation, build a new bypass around Indianapolis, and consider user fees to supplement highway funding, a transportation panel said in its recommendations Wednesday.
The Spanish-Australian investor group Cintra-Macquarie paid the state $3.8 billion in 2006 for a 75-year lease of the 157-mile highway, but its toll revenue hasn't met expectations.
Federal approval for the Illiana Expressway toll road has been delayed by concerns from the U.S. Fish and Wildlife Service partly over how the project might affect endangered species, an Indiana Department of Transportation project manager said.
Hamilton County officials are circling the wagons to prepare for negotiations over the future of State Road 37.
New approaches to privatization have forced officials in Indiana and Illinois to rethink their funding plans for the 47-mile Illiana Expressway.
Two highway workers were killed when a pickup truck crashed in an Interstate 69 construction zone on the northeast side of Indianapolis. Morning commute traffic backed up for miles.
