Transportation industry

Endowed with record funding levels, the Texas Department of Transportation expects to gain momentum on $70 billion of transportation projects planned over the next decade.

Thirty-nine of 40 large infrastructure projects with significant economic paybacks face funding challenges.

President-elect Trump has a “bold new vision” for infrastructure financing, according to Transportation Secretary-designate Elaine Chao.

As the 2017 Colorado General Assembly gets underway, one measure lawmakers are expected to consider is a sales tax increase for a $3.5 billion transportation and infrastructure bond program.

State and local groups told members of Congress that tax-exempt bonds are the cornerstone of infrastructure financing, as the lawmakers consider how to increase spending on roads and bridges as well as tax reforms that could entail restrictions on tax exemption.

A bipartisan trio of lawmakers wants to fund infrastructure with revenues from international tax reform.

The Port Authority of New York and New Jersey has agreed to admit wrongdoing and pay a $400,000 penalty to settle Securities and Exchange Commission charges that it failed to disclose risks associated with New Jersey road projects to the investors that bought the bonds to finance them.

A federal judge denied a request by two Florida counties for additional documents about public financing for the All Aboard Florida private passenger train project, moving their lawsuits closer to a ruling on dismissal.

The Massachusetts Bay Transportation Authority's fiscal oversight board approved a five-year, $28 million warehouse privatization contract with Management Consulting Inc.

Chicago receives $1.1 billion of federal rail grants in final days of Obama administration.

Indiana’s Gov.-elect Eric Holcomb is eyeing the state’s existing $500 million Next Generation Trust Fund -- set up years ago from proceeds of the Indiana Toll Road Lease – to fund investments in entrepreneurship and to support early-stage and mid-size Indiana companies.

Extending a temporary sales tax to keep Arkansas roads in good shape preferred by voters in new statewide funding study.

The Port Authority of New York and New Jersey approved a preliminary $32 billion 10-year capital plan that advances partial funding for a replacement Manhattan bus terminal.

Honolulu Mayor Kirk Caldwell dedicated the majority of his inaugural speech to Oahu’s troubled multi-billion elevated rail line.

The Los Angeles County Metropolitan Transportation Authority has secured $1.5 billion in federal grants and loans needed to accelerate a subway line.

Indiana GOP House leaders offer $1.2 billion per year road funding plan fueled by gas tax hike.

A coalition of state, local, and infrastructure groups is pushing the California Legislature to act on transportation funding soon in 2017 after failing to reach a last-minute deal in 2016.

New York Gov. Andrew Cuomo is proposing a roughly $10 billion modernization of John F. Kennedy International Airport that could incorporate elements of a public-private partnership.

The Chicago Transit Authority hits the market as soon as Tuesday with $325 million of sales tax receipts revenue bonds under a new second lien.

A Texas court will determine if a proposed high-speed rail line can use eminent domain to survey and acquire land.