Infrastructure

Maryland Transportation Authority will generate less than $10 million a year in toll revenue from express lanes on a $1.1 billion highway improvement project.

U.S. Sen. Jay Rockefeller wants to know why the Port Authority of New York and New Jersey closed lanes on the George Washington Bridge in September.

The federal Maritime Administration is teaming up with financial experts to help ports develop infrastructure projects that attract private and public capital investments.

Uncertainty related to Detroit's bankruptcy filing resonates among P3 players, according to Allen & Overy's Kent Rowey, who advises on many such deals.

Moody's will extend its stable outlook to the airport sector in 2014 as more passengers will provide more support for new money debt.

Virginia Gov.-elect Terry McAuliffe is reluctant to go ahead with a $1.4 billion toll road until the project receives final environmental approval from the Corps of Engineers.

The Indiana Finance Authority won The Bond Buyer's 12th annual Deal of the Year award for its Ohio River Bridges East End Crossing Project.

Moody's Investors Service raised its outlook on the toll road industry to stable from negative as toll revenues continue a slow but steady recovery.

Coalition of labor and business executives support legislation to raise the federal gasoline tax by 15 cents per gallon to fund transportation infrastructure.

Rep. Earl Blumenauer, D-Ore., will introduce a bill phasing in a 15 cent increase in the federal gasoline tax, currently at 18.4 cents per gallon.

A House committee chairman made clear at a hearing on Monday that it may take Congress years to determine whether to amend a nearly 100-year-old law to allow the District of Columbia to raise the heights of some buildings to accommodate increased growth and obtain more tax revenue.

A four-person team of experienced professionals will help lead the American Association of Airport Executives.

The Los Angeles County Metropolitan Transportation Authority will conduct a $452 million combination new money/refunding competitive sale Dec. 4 to pay for cost overruns on several projects.

The merger of American Airlines and US Airways Group can proceed as scheduled after a federal bankruptcy judge's clearance of the airlines' federal anti-trust settlement.

U.S. Bankruptcy Judge Sean Lane is expected to issue a decision on the American Airlines bankruptcy at a hearing at 10 a.m. Wednesday in New York.

Crowded terminals will become more common unless U.S. airports are able to fund the additional infrastructure needed to meet growing passenger demand.

Municipalities who spearhead solar energy projects for their public facilities now can track these green investments from their computers.Santa Barbara, Calif.-based Wiser Capital recently launched the nation’s first online marketplace that enables local governments the ability to determine their savings when utilizing solar for energy needs. The web-based platform evaluates and matches stakeholders based on their qualifications and requirements. It consists of analytical tools, financial modeling and transaction services that objectively score performance risks any project presents.

A coalition of local leaders is asking Congress to generate an additional $30 billion a year for transportation efforts by almost doubling the federal gasoline tax.

House and Senate conferees predicted Wednesday that Congress will approve an $8 billion federal water infrastructure bill by year's end.

Counties are facing a "triple threat" of tax reform, entitlement reform and sequestration, National Association of Counties Executive Director Matthew Chase said at a briefing on Capitol Hill Tuesday.