Transportation industry

Alaska Gov. Bill Walker Announced this week that he is allowing the Alaska Industrial Development and Export Authority to spend up to $3.6 million, which had already been appropriated, to continue early work on a proposed bond-financed road project.

The House Transportation and Infrastructure Committee on Thursday passed a six-year, $325 billion transportation bill after rejecting an amendment by Rep. John Garamendi, D-Calif., that would have increased the funding by more than $100 billion.

The ports of Seattle and Tacoma have merged their marine cargo operations in an effort to better compete with other Pacific ports while keeping their bond portfolios independent.

In the midst of some New Jersey lawmakers pushing to increase the state’s gas tax to pay for transportation improvements , a majority of residents are against the proposal, according to a new Rutgers University poll.

Wisconsin Gov. Scott Walker is urging state lawmakers to sign off on $200 million of general obligation borrowing for transportation-related projects that face delays without the infusion of funds.

New York’s Triborough Bridge and Tunnel Authority won a rating boost from Standard & Poor’s for its Series 2002F general revenue variable-rate bonds.

Voters in Louisiana Saturday select a new governor and decide on a constitutional amendment to fund new transportation projects that opponents say could hurt the state’s credit ratings.

Americans agree on the need for higher highway funding in a new nationwide poll but there’s no accord on how to pay for it.

States will be hard-pressed to maintain their credit quality if they attempt to fund infrastructure needs solely through traditional tax-exempt debt financing, Standard & Poor’s said in a new report.

House Democrats want more federal highway and transit funding than provided in Rep. Shuster’s six-year, $325 billion bill.

A California legislative committee tasked with fixing the state’s transportation funding woes kicked off its work, vowing not to let the difficulty of the choices facing them prevent a solution from emerging.

House Transportation & Infrastructure Committee is on schedule to vote Oct. 22 on a six-year highway funding bill.

Economic study says privately financed Texas bullet train could generate billions of tax dollars for state and local governments.

While the intricate funding details for New York MTA’s five-year capital program are new, the backdrop had a familiar ring.

Officials at major U.S. ports, speaking at an infrastructure summit, said they are receptive to exploring private-public partnerships as a funding source to meet infrastructure needs.

Investors squeezed a more modest penalty out of Chicago on a recent $419 million wastewater revenue bond deal than they have demanded on its general obligation paper, market participants said.

Environmental advocates called a San Diego regional planning agency’s $204 billion transportation plan a re-tread of its 2011 plan that favors highways over transit.

Three New Jersey State Senate leaders are pressing the Port Authority of New York and New Jersey to authorize construction of a new bus terminal in Manhattan.

The Southeastern Pennsylvania Transportation Authority has promoted its Treasurer Richard G. Burnfield to the position of deputy manager.

House Transportation Committee next week will consider a multiyear highway funding bill that lacks revenue provisions.