Transportation industry

New service and a rebound in passengers at Orlando International Airport have expedited planning for a new $1 billion terminal.

The Central Florida Expressway Authority plans to issue $193 million in bond anticipation notes to provide interim financing for work on the Wekiva Parkway.

New Jersey State Senate president Stephen Sweeney used the opening of Memorial Day weekend to call for more transportation investments.

Few options that could provide enough revenue to increase transportation spending seem politically feasible, Moody’s says in new report.

Work on North Carolina’s Interstate 77 express toll lane project will begin this summer with a lawsuit pending and over recent objections filed by some communities.

Credit risks for the Port Authority of New York and New Jersey are shifting because the agency is relying more on toll collections than aviation revenue to pay off debt, according to Moody's Investors Service.

Congressional study says airports lack adequate infrastructure because revenues for airport expansions and improvements are limited.

Rep. Brian Higgins, R-N.Y. has introduced a bill that would direct the Transportation Department to establish a competitive grant program for state and local governments, as well as transit and port authorities, to help finance their infrastructure projects.

Congressional Democrats, White House may find it difficult to end short-term HTF extensions when latest one lapses.

New York’s MTA board approves four bond counsel firms and one disclosure firm with a goal of involving more minority- and women-owned businesses.

DBRS Ltd., the Canadian credit rating agency, made its first full foray into the U.S. market last week when it rated the North Carolina Department of Transportation's $100 million private activity bond deal.

The House voted 387 to 35 on a bill Tuesday night that would reauthorize surface transportation programs for another two months and avoid a cutoff of federal reimbursements to states for highway and transit projects during the busy construction season.

Jurisdictional barriers and other frictional dynamics impede transportation infrastructure overhaul in the tri-state metro New York region.

Container volumes at the Port of Los Angeles dropped 6% in April compared to the same period last year, according to port officials.

The Central Florida Expressway Authority selected insider Laura Kelley to become the agency’s first female executive director.

The House may vote Tuesday on a two-month extension of federal transportation funding that otherwise would end May 31.

A Senate proposal would stretch the current Highway Trust Fund extension to keep federal transportation dollars flowing.

Volvo Car Corp.’s selection of Berkeley County, S.C., to locate its first U.S. factory is a credit positive for the county and the state, Moody's Investors Service said.

Michigan lawmakers are meeting for a rare summer session to try to hammer out a plan to raise new money for roads and bridges after a recent tax referendum went down in flames.

Florida’s private passenger train developer has hired Miami-based contractor Archer Western to upgrade a 66-mile segment of rail infrastructure between Miami and West Palm Beach.