Transportation industry

Connecticut received a $700,000 federal grant to study of transit-oriented development in the Hartford line corridor, which covers New Haven, Hartford and Springfield, Mass.

The San Francisco Bay Area Rapid Transit District will sell more than $350 million of highly-rated refunding bonds next week to refund bonds issued more than a decade ago.

A proposed P3 procurement center at the Transportation Department would assist states in reaching effective agreements with private investors.

As it prepares to sell bonds, the Wayne County Airport Authority, which runs Detroit’s airport, is highlighting its legal and political separations from its struggling home county, which is in the midst of a financial emergency.

Martin County, Fla., filed a petition for writ of certiorari Sept. 3 asking an Orange County court to overturn approval of the $1.75 billion in bonds for Florida’s passenger train project.

California's legislative session ended Friday without a transportation funding plan, but legislative leaders vowed to complete the work through a conference committee this fall.

The North Carolina Department of Transportation won a federal court ruling Friday allowing the state to continue work on the $840 million, 20-mile Monroe Connector Expressway.

Fitch Ratings upgraded the San Francisco Airport Commission's approximately $77.6 million series 1997A and 2000A special facility lease revenue bonds to A-minus from BBB-plus.

Portland, Ore., will need more than $2 billion over the next decade to bring its streets into good shape after years of neglect.

Recent demise of several proposed public-private partnership projects indicate that P3 activity may slow down, S&P said.

A bill to give the Los Angeles County Metropolitan Transportation Authority more autonomy in public-private partnerships for highway projects could be affected by California’s transportation funding gridlock.

Scranton, Pa., has chosen a National Development Council bidding team to operate its parking assets under a P3 that could improve the city’s reputation in the bond markets.

Key House committee chairman says not enough time for agreement on funding a multiyear highway bill before current extension expires.

New York’s Metropolitan Transportation Authority on Sunday expects to open its long-delayed 1.5-mile extension of the No. 7 subway line, a $2.4 billion, city-backed project.

Tuesday’s ouster of United Airlines’ CEO Jeff Smisek and two senior officials at the carrier in the midst of a federal investigation related to dealings with the Port Authority of New York and New Jersey has brought new scrutiny to the transportation agency.

Latest estimate shows Highway Trust Fund to stay solvent through June 2016, easing pressure for quick passage of long-term highway bill.

The Port Authority of New York and New Jersey’s reform legislation and priorities for its 10-year capital plan will be examined during hearings scheduled for Sept. 10 before the New Jersey Senate Legislative Oversight Committee.

Arkansas revives road projects stalled over federal funding concerns, but officials say long-term HTF solution is essential.

Puerto Rico Gov. Alejandro García Padilla announced Friday the planned start of construction of a train line between San Juan and Caguas.

With upgrades from two rating agencies, the North Texas Tollway Authority expects another reduction in its debt service costs with $744 million of refunding bonds, according to chief financial officer Horatio Porter.