Transportation industry

Work will get under way next year on D.C.'s $54 billion, 25-year transportation plan, including a new bridge over the Anacostia River.

Fully funding its next four-year capital program without burdening riders poses an immediate challenge for New York's MTA, according to state Comptroller Thomas DiNapoli.

William Ronan, the first chairman of New York's Metropolitan Transportation Authority, died at age 101.

While finding new revenue sources for highway improvements is indeed a thorny political issue, analysts at Conning feel that the credit quality of the existing bonds remains sound.

Four years after its launch, the $2.1 billion North Tarrant Express is open to traffic and providing a financial model for other projects in the state, developers say.

In a major boost for California's high-speed rail project, the California Supreme Court declined to consider petitions challenging funding for the state's bullet train.

While spending on state highways is up, some states are falling further behind on maintenance needs, Reason Foundation says.

Moody's Investors Service downgraded Atlantic City parking fee and Atlantic City fund revenue bonds, series 2005A and 2005B, to Ba3 from Baa3.

Agreement on multi-year federal highway bill possible in post-election congressional session, Transportation Secretary Foxx says.

The Phoenix City Council has approved a $103 million construction contract for the first phase of a $590 million renovation of Terminal 3 at Sky Harbor International Airport.

The Illinois State Toll Highway Authority unveiled a preliminary 2015 budget Wednesday that relies on as much as $800 million of toll-backed borrowing to support $1.6 billion in capital spending.

Virginia officials would have to notify lawmakers about potential risks of new transportation P3 agreements under proposed guidelines.

Investors holding $113 million of bonds issued for the privately owned and operated Branson Airport in Missouri have agreed to a amended forbearance agreement that gives the struggling Ozarks air field more time to pick up operations.

Moody's Investors Service on Oct. 13 downgraded Long Beach, Calif. Airport Enterprise to A3 from A2 and revised the outlook to stable from negative affecting $117.5 million in outstanding senior airport enterprise revenue bonds.

Treasury Secretary Jack Lew says there is a growing bipartisan consensus in Congress on long-term federal transportation spending.

Metro-North Railroad completed construction of a $5.7 million bridge in New Hamburg, N.Y.

Wisconsin voters will vote next month on whether to amend the state constitution to ban the diversion of transportation fund revenues for other expenses.

More than four decades after Southwest Airlines landed at Love Field, the Dallas airport is finally unshackled from the Wright Amendment that minimized its rivalry with Dallas-Fort Worth International.

The transit agency that provides commuter rail in the Chicago region could soon join the ranks of tax-exempt borrowers under a proposed $2.4 billion, 10-year capital program that relies on about $400 million of financing.

Raising the state gas tax and tolling East River and other bridges could help New York's MTA fill a gap of at least $15.2 billion, said former chairman Richard Ravitch.