Transportation industry

The U.S. Department of Transportation has set up a Build America Bureau that will combine bond, loan and grant programs to facilitate the development of transportation infrastructure projects throughout the country.

DALLAS -- Opponents of a privately financed, $10 billion high-speed rail system in Texas scored a victory when the federal Surface Transportation Board declined to take jurisdiction over the proposed project.

As part of the New York Metropolitan Transportation Authority’s $27 billion five-year capital program, Gov. Andrew Cuomo on Monday announced plans for the renovation of 31 subway stations across New York City and unveiled a totally new design for the 1,025 subway cars that are on tap to be bought by the agency.

The MBTA, which operates mass transit in Greater Boston, has issued a request for qualifications regarding an automated fare collection system.

Increased federal funding for freight-related infrastructure is a credit positive for U.S. ports, Moody's says.

Chicago’s O’Hare International Airport will get new gates and ultimately could see an aging terminal demolished and rebuilt to serve as a central hub under initiatives formally unveiled by Mayor Rahm Emanuel Friday.

Public-private partnerships could be the answer for reviving stalled high-speed rail efforts.

Miami Beach will begin preliminary negotiations with a group led by France-based Alstom to build a modern light rail streetcar estimated to cost $400 million in its famed South Beach district.

An additional $500 billion of federal funding for public infrastructure over the next 10 years would stimulate the U.S. economy and create millions of new jobs, the Center for American Progress said in calling for a comprehensive national program.

Louisiana faces another thorny funding issue: how to address billions of dollars in backlogged transportation needs.

A dispute over parking payments continues amid S&P Global Services' downgrade to junk bond status of bonds that funded a long-term parking lease.

The private operator of partially bond-financed rail-freight transfer facility would provide most of the funding for a new toll bridge under a public-private agreement struck with Illinois.

Austin, Texas, City Council adopts mayor’s proposal for a GO bond referendum on his $720 million Go Big transportation plan.

Thousands of California motorists are participating in nine-month VMT pilot program to test a replacement for the state's gasoline tax revenues.

Santa Clara County, Calif.’s $6.5 billion sales tax plan to fund road and rail projects has been put on November ballot.

Congressional action on transportation helped spur an upgrade for some outstanding Michigan Garvee bonds ahead of a $613 million refunding deal.

Chicago’s first mistake in its much-maligned parking meter lease was its choice of asset, says a new report that compares the city’s P3 deal to the Indiana Toll Road.

Denver International Airport is negotiating with an international P3 group for renovation of its passenger terminal.

New Jersey Gov. Chris Christie’s office has announced the $3.5 billion of road and rail projects funded by the expired Transportation Trust Fund that will grind to a halt Friday at midnight.

Federal FASTLANE grants totaling $800 million go to 18 road and rail projects aimed at easing congestion.