Transportation industry

Gov. Rick Scott has appointed three to the board of the Florida Development Finance Corp., which will issue $1.75 billion in bonds for the All Aboard Florida private train.

President Obama's proposed six-year transportation bill would give states more flexibility in tolling of existing roads and bridges.

Congress will not find the revenue needed to fund a multi-year federal transportation bill before the most recent short-term fix lapses in two months, Rep. Paul Ryan, R-Ohio, said.

The Rapid Bridge Replacement Project is Pennsylvania's initial P3 and the first nationwide to bundle multiple bridges into a single procurement.

Kentucky legislators passed a bill stabilizing the state’s gas tax collections in the waning hours of this year’s annual session.

Measures in the House and Senate would set aside for local projects a portion of states’ federal highway funding.

The Central Florida Expressway Authority won a 1.23% interest rate on a 35-year TIFIA loan Wednesday, the program's lowest-ever long-term rate, a federal transportation official said.

Ohio next week will launch its first public-private partnership with the sale of $230 million of tax-exempt private activity bonds for a highway through the Appalachians.

With no solution in sight for fully funding New York MTA's capital program, the Citizens Budget commission watchdog group presents a funding alternative.

States have postponed scores of road projects over concerns that federal funding will be delayed during the summer construction season.

Betsy Taylor, the longtime finance director Massachusetts Port Authority and its point person on bond deals, is retiring after 37 years with the agency.

Raising money primarily from motor vehicle user fees could close the capital plan funding gap of New York’s MTA, according to the Citizens Budget Commission watchdog group.

Mayors will unleash a coast-to-coast political push for a significant increase in federal transportation funding.

Michigan Gov. Rick Snyder is touring the state urging voters to approve a May referendum to raise the state sales tax to generate new money for roads, saying it’s key to the state’s continued rebound.

The board of New York's MTA will vote on the sale of nearly $56 million in unused development rights in Queens after its finance committee approved it.

Chicago area transit systems face service cuts or higher fares if state funding is slashed as proposed by Gov. Bruce Rauner in his fiscal 2016 budget now before the General Assembly.

Minnesota Republicans on Monday proposed a $7 billion, 10-year plan to fund transportation work without a tax hike.

New York's Metropolitan Transportation Authority intends to award a four-year, $236.5 million contract to rebuild the Queens Midtown Tunnel, which Hurricane Sandy heavily damaged.

The use of 40-year bonds to retire $300 million of bond anticipation notes received favorable reaction in the capital markets, said the finance director of New York's MTA.

A subsea traffic tunnel below Chesapeake Bay has been pushed ahead to take advantage of low interest rates.