Transportation industry

Ambac Assurance Corp. sued the Puerto Rico Highways and Transportation Authority to prevent what the insurer called improper siphoning of money.

Voters in the consolidated governments of Indianapolis and Marion County, Indiana will decide the fate of an income tax increase to fund major upgrades to public transportation.

Private Activity Bonds for a managed lanes project along one of the Houston area’s most congested corridors carry the lowest investment-grade rating from Fitch Ratings.

The Massachusetts Bay Transportation Authority will terminate five legacy interest-rate swaps after receiving approval to do so from its two governing boards.

The Central Texas Regional Mobility Authority sees an opportunity for healthy savings through refunding bonds issued just five years ago.

The Port of Oakland said today that containerized export volume increased 7% last month from a year ago, the fourth consecutive month of increases.

A constitutional amendment protecting transportation revenue is headed to Illinois voters, but questions on redistricting and a graduated income tax rate fell by the wayside.

Colorado Senate has approved a $3.5 billion road note package that could go to voters in November.

The Rhode Island Infrastructure Bank closes $6 million in loans for repair projects through the municipal road and bridge revolving fund.

One of the largest municipal market deals of 2016 will help the $4 billion overhaul of New York City’s LaGuardia Airport take wing.

Developers of a proposed $12 billion Houston-Dallas bullet train want federal regulators to affirm their oversight of project.

Poll finds scant support from Kansas City (Mo.) voters for bonds that would finance a new $964 million airport terminal.

A year after North Carolina inked its first public-private partnership with I-77 Mobility Partners, lawmakers have filed bills to terminate the $648 million pact amid investigations into the deal.

The Southern California Logistics Airport Authority’s subordinate tax allocation revenue bonds enjoyed a Moody’s Investors Service upgrade to B3 from Caa2.

Despite what they say is low unemployment in their states, four governors who spoke on a panel at the Milken Institute Global conference said job creation is their main priority.

A $357 million federal TIFIA loan to a Texas P3 project will help finance construction of tolled express lanes on a Houston highway.

After lowering its debt service with strategic refundings over the past two years, North Texas Tollway Authority is looking for more savings with $947 million of first-tier revenue bonds.

Atlanta signed a 20-year lease with Delta Wednesday that keeps the carrier based in the city and paves the way for a $6 billion capital expansion plan at Hartsfield-Jackson Atlanta International Airport.

The Federal Transit Administration will award $22.5 million of clean technology grants to seven transit agencies.

Federal grants would be available to repair or replace dangerous dams under bipartisan Senate proposal.