Transportation industry

FHWA will reallocate $2.8 billion of unspent federal highway funding to 49 states in fiscal 2016.

The Pennsylvania Turnpike Commission is headed toward a fiscal pileup that could imperil the state’s entire transportation system, said state Auditor General Eugene DePasquale.

The New York City Transitional Finance Authority intends to sell roughly $1 billion of future tax-secured subordinate bonds later this month.

The Airport Commission of the City and County of San Francisco is teeing up a nearly $900 million dollar bond deal.

Freight backlogs are biggest potential setback to U.S. ports from South Korean shipping bankruptcy.

Tennessee officials hope to avoid a $60 million cut in federal road funding over state's new under-21 DUI law.

Minnesota highway officials say road conditions will worsen without solution to growing revenue gap.

The market stars aligned for Berkeley, Calif., to land what participants call exceptional pricing for a parking revenue bond deal.

The National Development Council closed its $32 million parking system transaction with Scranton, Pa.

States will experiment with alternatives to the gasoline tax using funding from first round of federal grants.

Japan will contribute $2 million to study a $10 billion magnetic levitation rail line between Baltimore and Washington.

Congressional critic of California's $9 billion of state bonds for high-speed rail wants to repurpose the funding.

Amtrak countersued the Massachusetts Bay Transportation Authority over $30 million for track maintenance between Boston and Rhode Island.

After approving a plan to finance $70 billion of projects over the next decade, the Texas Transportation Commission will issue $712 million of bonds in September to take care of current needs.

Almost all the state legislators who voted for a higher state gasoline tax last year won their 2016 primary races, according to an analysis of eight states that enacted laws to increase their state motor fuel taxes in 2015.

Maryland and Federal Transit Administration officials want a federal judge to restore funding for the $5.6 billion Purple Line light rail public-private partnership project that was shut down by court order in early August.

Significant cost overruns on an earlier light-rail program may affect November vote on Seattle’s $54 billion transit proposal.

More infrastructure spending at all levels of government would be best fix for California's congested, deficient roads, TRIP says.

Advocates say Colorado could unclog roads with an additional $1 billion each year for transit, sidewalks, and bike lanes.

The transportation and utilities sectors grew by $7.9 billion in the first half of 2016 from a year earlier.