Transportation industry

California's strong incentives for electric vehicle ownership is a credit positive for the state's utilities, but the credit implications are mixed for the state itself, according to a Moody's Investors Service report.

Transportation Department has $850 million of competitive grants available for infrastructure projects that improve freight shipments.

The agency in charge of Honolulu's multi-billion dollar elevated rail transit system has named a new interim executive director.

Donald Trump’s $1 trillion infrastructure plan relies on tax credits to attract private funding.

The board of New York’s MTA approved measures intended to advance open-road electronic tolling at the authority’s crossings.

California needs to spend $7 billion annually to make city and county streets and roads safe, according to a new report funded by local governments and transportation agencies.

Indian River and Martin counties filed motions for summary judgments requesting a federal judge block the $1.75 billion private activity bond allocation for All Aboard Florida’s Brightline passenger train project.

Construction delays and related payment risks on an Indiana public-private partnership highway project prompted Fitch Ratings to drop bonds issued for the project three notches to B.

More than $250 billion of local and regional transportation proposals will be on Nov. 8 ballots.

The New Jersey Transit Board of Directors approved a new $3.8 billion fiscal plan Wednesday that includes new purchases for equipment and safety infrastructure.

The opening of New York's Second Avenue subway line by year's end remains an open question, said an independent engineer.

New York MTA’s derivatives program reduces budget risk through interest-rate and fuel-hedging strategies, said finance director Patrick McCoy.

Property developments around DART’s light rail stations are important factors in the strong North Texas economy.

The Regional Transportation District that serves metro Denver will continue to grow its rail and bus system with $197 million of revenue bonds.

Maryland will seek a federal grant for subsea rail tunnel in Baltimore after striking out in the first round.

Illinois voters will decide Nov. 8 whether to bar future diversions of transportation revenues to balance budgets or fund non-transportation related expenses.

A $3.3 billion project to expand a subsea tunnel system at Hampton Roads, Va., will be financed with a combination of bonds, toll revenue, and gas tax revenue under a plan approved a regional planning agency.

The Illinois State Toll Highway Authority's proposed 2017 budget calls for nearly $1 billion in capital spending supported by $300 million in toll-backed borrowing.

Virginia road planners will evaluate local requests for $9 billion of state funding.

Chicago heads into the market next week with nearly $1.1 billion of O’Hare International Airport paper -- one of the city’s more digestible revenue-backed credits generally insulated from the city’s pension and budget ills.