Transportation industry

South Carolina Gov. Nikki Haley gave her assent to a bill authorizing $2.3 billion of revenue bonds for highway projects.

Construction of Maryland's Purple Line P3 rail project will be financed with PABs and a low-interest TIFIA loan.

California local government officials and other stakeholders are becoming increasingly uneasy about the lack of activity in the state legislature’s special session on transportation.

Voters in Wake County, N.C., will decide in November whether to approve a 0.5% increase in the local sales tax to fund a 10-year, $2.39 billion transit plan to reduce highway congestion in the Raleigh area.

The U.S. Department of Transportation has received 585 applications seeking $9.3 billion of Transportation Investment Generating Economic Recovery (TIGER) grants – almost 19 times more than the $500 that is to be awarded later this year.

Michael Mulhern will resign as executive director of the embattled $1.6 billion MBTA Retirement Fund, which is under fire for its secretive management,

The condition of the state’s road network will worsen without additional investments in highway infrastructure, said Illinois Transportation Secretary Randy Blankenhorn.

The Port of Los Angeles board of commissioners approved a $1.17 billion budget Friday that includes no immediate plans for long-term debt.

Unrated Scranton, Pa., announced a P3 under which nonprofit National Development Council will manage its parking system.

A nonprofit group in Austin, Texas, wants a November vote on $397 million of GO bonds for first phase of a light rail line.

The North Carolina House voted 81-27 Thursday to cancel the Interstate 77 toll road project and send the bill unwinding the state’s first public-private partnership to the Senate.

Vermont Gov. Peter Shumlin signed a $612.5 million fiscal 2017 transportation bill that boosts funding for road repaving and bridges.

South Carolina Legislature approves transportation funding bill backed by $2.3 billion of road revenue bonds.

A $4 billion redevelopment of New York City’s LaGuardia Airport was cleared for takeoff Wednesday with financing lined up and a 34-year lease signed to support what is being touted as one of the largest public-private partnership transportation projects in U.S. history.

The North Carolina House Transportation Committee on Wednesday passed House Bill 954, which would unwind the state’s $648 million Interstate 77 project with Cintra Infraestructuras SA.

Almost $1.2 billion of debt that will finance work on Maryland’s Purple Line P3 rail project is rated at BBB-plus by Fitch.

New York City's Hudson Yards project has generated less revenue than even the most conservative forecast by the development's planners and city interest support payments will continue in future years, said a budget watchdog.

While Chicago general obligation paper faces steep trading penalties and rating challenges, the city’s airport paper is faring much better.

The Regional Transit Authority of Southeast Michigan plans to ask voters in Wayne, Oakland, Macomb and Washtenaw counties to approve a 1.5 mill property tax increase for improved transit .

Vice President Joseph Biden visited Rhode Island to trumpet the state’s sweeping $500 million bridge-and-road improvement plan.