Transportation industry

The Alaska Railroad Corp. received a one-notch downgrade to A from Standard & Poor’s on capital grant receipts bonds while Moody’s Investors Service affirmed its A3 rating ahead of plans to price $96.6 million on July 21.

Rep. Richard Neal, D-Mass., said he would like to see a revival of the Build America Bond program included in a long-term highway bill.

Focus on a controversial, stand-still federal transportation appropriations bill shifts to the Senate after narrow House passage.

House Democrats and a conservation think tank line up to oppose a transportation appropriations bill that freezes highway funding.

The Southern California Logistics Airport Authority's already junk-rated bonds are on review for another downgrade by Moody's Investors Service.

A Florida attorney who says his property will be devalued by a private passenger train wants to intervene in a federal lawsuit challenging tax-exempt financing for the project.

Maryland wants to investigate the feasibility of a magnetic levitation train between Baltimore and Washington.

The Texas Transportation Commission will bring $800 million of refunding bonds to market in its first issue since the Legislature approved a record funding increase for highway projects.

Indiana will continue to suspend all work and contracts tied to the $1.5 billion Illiana Corridor toll road until the fate of the controversial project becomes clear in cash-strapped Illinois.

Moody’s Investors Services raised the San Francisco County Transportation Authority’s issuer rating to Aa1 from Aa2.

Virginia will decide in November whether to proceed with $3 billion toll lane project as P3 or use conventional financing.

Massachusetts Gov. Charlie Baker announced a five-year, $82.7 million resiliency plan for the MBTA after a winter that paralyzed the transit system.

The Florida Development Finance Corp. postponed a June 10 meeting that was scheduled to consider the bond resolution for All Aboard Florida’s $1.75 billion of private activity bonds.

Strapped for cash, the Missouri Highways and Transportation Commission is looking to private industry, entrepreneurs, and innovators to come up with ideas to upgrade a stretch of its historic Interstate 70.

Los Angeles Mayor Eric Garcetti tapped Oakland International Airport’s director, Deborah Ale Flint, to head Los Angeles World Airports.

Miami-Dade County hired Kroll Bond Rating Agency, believing its analysis can help attract investors to next week's $534 million bond issue for Miami International Airport.

The continuing series of short-term road funding fixes is harming small businesses, owners and advocates say.

With more than one-third of New York's bridges listed in need of repair, U.S. Sen. Kirsten Gillibrand,D-N.Y., is proposing a bill that would allow states the authority to use more federal funds for local bridge improvement projects.

The Port Authority of New York and New Jersey has launched a dashboard on its website providing quarterly updates on all active capital projects.

Carmen Bianco will retire later this year as president of New York City Transit, the Metropolitan Transportation Authority announced June 2.