Transportation industry

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.

Newark, N.J. Mayor Ras Baraka is calling for the power to establish new taxes for users of the city's airport and seaport as way to raise additional revenue.

A House bill would stop federal funding for public transit and bike paths to protect solvency of the Highway Trust Fund.

The long hours and commutes New Yorkers endure underscore the need for adequate transit funding, said New York City Comptroller Scott Stringer.

Another short-term fix of the Highway Trust Fund is likely as Congress struggles with how to pay for a multiyear transportation measure.

Ohio Transportation officials have launched a $2.4 billion capital plan for 2015 that’s the second-largest in state history and features the state’s first public-private partnership.

The chief financial officer of Ohio State University, who helped craft the university's first-of-its-kind lease of its parking system, is leaving the university to take a job at the Australian company that is leasing the parking system.

Texas Gov. Greg Abbott named Tyron Lewis chair of the Texas Transportation Commission, the state's largest issuer of debt, replacing Ted Houghton.

Airport capital needs will total $75.7 billion through 2019 to keep pace with increases in passenger and cargo loads.

Indian River County, Fla., plans to file a federal lawsuit challenging the U.S. Department of Transportation's private activity bond allocation for the All Aboard Florida passenger train project.

California's Foothill/Eastern Transportation Corridor Agency failed again to get approvals from a water board needed to move ahead on a five-mile extension of one of its toll roads.

State and local officials see chaos ahead for highway funding if Congress doesn't quickly pass a long-term transportation bill.

The Arizona Department of Transportation can begin acquiring right-of-way for the 22-mile-long Loop 202 South Mountain Freeway after the Federal Highway Administration issued its record of decision approving the project.

The Greater Cleveland Regional Transit Authority is coming to market Tuesday with $51 million of transportation bonds backed by a countywide sales tax.

Phillip Washington, chief executive of the Regional Transportation District in Denver, was named to head the Los Angeles County Metropolitan Transportation Authority.