Transportation industry

Strong growth in traffic prompts a Moody’s Investors Service upgrade on Harris County Toll Road Authority’s senior revenue bonds.

Most Arkansas polled in a recent survey do not favor a gasoline tax increase to cover a road revenue shortfall.

Fitch Ratings upgraded to A from A-minus the ratings on a Florida Department of Transportation TIFIA loan that financed a rental car facility in Miami.

Connecticut’s $840 million special tax obligation transportation bond sale included a record $442 million of retail orders, said state Treasurer Denise Nappier.

Congressional negotiators fail to find agreement on use of international tax reform to support multiyear transportation funding.

Chicago is promoting O’Hare International Airport’s recent growth spurt, improved credit, and conservative debt portfolio as it preps a $2 billion issue that will mark the city’s largest deal ever.

Construction costs for the Bayonne Bridge “Raise the Roadway” project have increased and the projected completion is now two years behind schedule, the Port Authority of New York and New Jersey announced.

Congressional negotiations over new revenues to support a multiyear highway bill could falter over push for higher annual transportation funding.

The Pennsylvania Department of Transportation's P3 office is accepting unsolicited proposals for transportation projects from the private sector.

Fitch Ratings has affirmed the AA-minus rating on Bay Area Toll Authority, Calif.’s approximately $5.7 billion outstanding senior lien toll bridge revenue bonds.

The Illinois budget stalemate has left Chicago on the hook to cover monthly payments to the trustee on its motor fuel tax bonds because state transfers are trapped without a fiscal 2016 budget.

Sen. James Inhofe, R-Okla., asks the House to move quickly on multiyear transportation bill to avoid disruptions this fall.

The Port Authority of New York and New Jersey has completed a $400 million modernization project at John F. Kennedy International Airport.

In Chicago’s second dose of good airport credit news, Standard & Poor's on Tuesday raised O’Hare International Airport’s ratings by one level as the city heads into the market next week with $2 billion of mostly refunding debt.

Arizona will have about a third of the money it needs to maintain roads and bridges over the next 25 years, according to the state auditor.

House Majority Leader and top candidate to replace Rep. John Boehner, R-Ohio as House Speaker, says he’s confident Congress will pass a multiyear highway bill in October.

The Texas Transportation Commission decided tolls are not needed to fund a proposed $530 million highway project.

Chicago received a rare bit of good credit news Friday as Fitch Ratings elevated its outlook on O’Hare International Airport’s general credit to positive ahead of a $2 billion sale.

Honolulu Mayor Kirk Caldwell sent a letter to rail officials demanding answers about $1.1 billion in cost overruns on Oahu’s 20-mile elevated rail project.

The New Jersey State Senate pressed the federal government on Sept. 24 to accept a funding proposal for a new $20 billion Gateway rail tunnel project with a bipartisan resolution that passed in a 38-0 vote.