Transportation industry

Participants in last year's historic $2.4 billion public-private partnership to fund a $4 billion development of New York City's LaGuardia Airport hope the unique deal fuels similar bond transactions at other U.S. airports.

Louisiana may rely on a P3 to finance the widening and other upgrades to Interstate 10 in Baton Rouge.

The sale of bankrupt Hanjin Shipping’s majority stake in a terminal operator that represented 30% of Port of Long Beach’s revenues in 2015 is a credit positive for the port.

Veronique “Ronnie” Hakim will be the interim executive director of New York’s MTA and Fernando Ferrer its interim chairman, said Gov. Andrew Cuomo.

Republicans in Wisconsin legislature ask planners for more realistic estimates of highway project costs.

The cost of major road projects in Wisconsin is twice as much as highway planners estimated, audit finds.

The Port of Oakland this week asked a large stakeholder task force to look for operating efficiencies in preparation for an ambitious construction agenda this year.

President Trump’s order to streamline environmental permits is expected to ensure that get projects underway sooner.

The Port of Authority of New York and New Jersey should cease to own or operate transportation infrastructure, substituting ownership with private concession agreements, said a report.

President Trump’s nominee for Treasury Secretary Steven Mnuchin told lawmakers in writing that he plans to “enhance” private activity bonds so that they can be used to encourage more private investment in infrastructure projects.

New York’s Metropolitan Transportation Authority board switched tracks and shielded single-fare riders from the latest round of biennial fare and toll increases.

States have more than 300 infrastructure projects they say could be funded by President Trump’s program.

A 10-year infrastructure proposal from Senate Democrats would provide $1 trillion of federal funding for roads, schools, and airports.

New York MTA retired $945 million of debt from its core portfolio last year through normal amortization, said deputy finance director Olga Chernat.

New York’s Metropolitan Transportation Authority expects to issue more environmental green bonds in 2017, a finance official told board members.

Arlington Memorial Bridge was closed to vehicles during inaugural weekend to prevent further damage to the historic span.

Airports, high-speed rail, and roads, particularly in dense metropolitan areas, could be particularly appealing targets.

States are expected to issue more road debt as federal transportation funding continues to stagnate.

The Bay Area Toll Authority is set to sell $450 million of bonds Jan. 26 to fund capital projects and refund outstanding debt.

Incoming Trump administration officials ask Virginia for a list of infrastructure projects with their own revenue source.