Transportation industry

The New Jersey Turnpike Authority is likely to face spread penalties for its $525 million revenue bond deal this week, but strong demand is still expected despite the state's credit woes.

St. Louis is seeking federal approval to explore a privatization of St. Louis Lambert International Airport as a means to generate private investment in the air field and funds for city use.

Airport executives tell Senate panel that raising the passenger facility charge would help fund needed improvements.

A 15-cent increase in Kansas fuel taxes would support $264 million per year in highway projects, boosting economic activity by nearly $600 million, according to a road-building industry report.

A courtroom hearing next month will determine whether California can issue a portion of nearly $10 billion of voter-approved bonds for its high-speed rail program.

President Trump’s proposed Fiscal Year 2018 budget would cause a major setback to plans for a long-stalled Gateway rail project connecting New Jersey and Manhattan, lawmakers and transportation advocates warned.

Bonds supported by higher gas tax could spark $500 billion increase in federal transportation funding.

San Jose, Calif. is prepared to issue $640.7 million of airport revenue refunding bonds in a deal city officials expect to generate savings “well in excess” of their policy goals.

Minnesota’s Republican leaders laid out their cards on transportation spending this week, but they remain in conflict with Gov. Mark Dayton’s proposal.

Congressional trio seeks revenue for infrastructure funding from tax reform as Moody’s warns of slow spending increase.

JP Morgan’s 7th annual public finance transportation and utility conference in New York featured presentations from Dallas/Fort Worth International Airport and the Metropolitan Washington Airports Authority, which are taking differing approaches to financing their needs.

Complications are threatening to even further delay the planned reopening of the No. 1 line Cortlandt Street station in New York, destroyed on Sept. 11.

Arkansas House defeats plan to raise taxes by $200 million per year to support road bonds.

The Southeastern Pennsylvania Transportation Authority is proposing its first fare hike since 2013.

A potential budget wall between TxDOT and a proposed bullet train could halt the $12 billion project.

McCarran Airport in Las Vegas received a one-notch upgrade on its revenue bonds ahead of plans to price $187.9 million.

Trump’s 2018 budget plan threatens funding for transit projects such as Maryland’s $5.6 billion Purple Line rail P3.

One of the only intermodal freight facilities to take advantage of a special 12-year-old federal private activity bond program is readying its fourth round of financing.

President Trump's 2018 budget outline would dramatically cut spending for federal transportation and community development programs.

Changes to New York MTA’s four-year financial plan slightly worsen the outlook for the authority, said the watchdog Citizens Budget Commission