S&P

Standard & Poor’s Global Ratings has upgraded the New York MTA’s Transportation Revenue Bonds rating from “A-” to “A” with a “stable” rating outlook. (NYMTA Photograph)

Transit Briefs: NYMTA, MDOT, NC By Train, MBTA

Standard & Poor’s Global Ratings upgrades New York Metropolitan Transportation Authority’s (MTA) credit rating. Also, Maryland Department of Transportation (MDOT) awards $500,000 in Purple Line small business grants; NC (North Carolina) By Train ridership rises in first-half 2025; and Massachusetts Bay Transportation Authority (MBTA) encourages riders to take advantage of extended service this fall by offering free fares after 9 p.m. on five Fridays and Saturdays.