Transportation industry

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.

The twin ports of Los Angeles and Long Beach are bracing for potential impacts from a slowing Chinese economy.

Prospects for bringing all New York subway stations to a state of good repair are dim even if the MTA gets full capital funding, said a watchdog organization.

Florida's Martin and Indian River counties launched new legal challenges to the private All Aboard Florida passenger train project within days of a scheduled $1.75 billion bond offering.

California lawmakers are getting closer to finding more money for the state's infrastructure with less than two weeks left in the regular legislative session, though deep divides remain.

The Teamsters union and New England governors are making separate pushes for prompt action on long-term federal transportation funding.

U.S. toll roads rated by Moody's Investors Service improved their finances in fiscal year 2014, the rating agency said.

The Atlanta Streetcar is conducting a national search for an executive director, and has named former AECOM/URS Corp. transit manager Keith Jones as interim director.

Surplus toll road revenues will fund preliminary engineering studies on a potential rapid rail segment in north central Texas.

The Tri-county Metropolitan Transportation District of Oregon will sell $133.6 million of triple-A rated payroll tax bonds Sept. 9.