Transportation industry

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.

Indiana Gov. Mike Pence unveiled a new $1 billion, four-year road and bridge construction plan that draws from reserves and calls for new borrowing.

A new poll by AAA finds 45% of Americans blame Congress for an inadequate level of transportation funding.

Heavy lifting remains after political and transit leaders announced an agreement for a five-year New York MTA capital program.

Virginia will consider the qualifications of six potential partners before making decision on $2.1 billion upgrade of I-66.

New York City could contribute a lot more to the MTA’s capital plan if the state can stop lockbox raids and give the city more say, says Mayor Bill de Blasio.

Chicago Mayor Rahm Emanuel warned Thursday that Congress and the Executive Branch should not hurt two federal loan programs for infrastructure: the Transportation Infrastructure Finance and Innovation Act and the Railroad Rehabilitation & Improvement Financing programs.

Chicago’s motor fuel tax bonds became the latest victim of Illinois’ budget stalemate Wednesday when S&P dropped the debt six notches, to BBB-plus.

House consideration of Senate’s six-year transportation bill could avoid a nationwide rail shutdown, said Sen. Barbara Boxer, D-Calif.

Tennessee Gov. Bill Haslam wants local officials to join his call for more state funding for transportation infrastructure.

Investors looked past an S&P downgrade and a critical control board report as the Massachusetts Bay Transportation Authority sold $357 million of sales tax bonds.