Transportation industry

Members of Congress broke the news early on allocations of federal TIGER grants ahead of the official announcement of awards totaling $600 million from the program.

Low interest rates on federal and bank loans for the $2.3 billion Interstate 4 Ultimate project in central Florida saved the state nearly $70 million from estimates, officials said.

Another two petitions have been filed asking the California Supreme Court to review a recent decision to allow the High Speed Rail Authority to issue bonds for the rail project.

Oklahoma transportation officials aim to clear a backlog of highway and bridge projects under a $6.3 billion funding plan through 2022.

State Farm agreed to a three-year sponsorship deal with Pennsylvania in the first agreement under the P3 law Gov. Tom Corbett signed in 2012.

Guaranteed availability payments are becoming more attractive to private investors in infrastructure P3s than volatile toll or fare revenues.

The Minneapolis-St. Paul Metropolitan Airports Commission heads into the market Wednesday with a $275 million subordinate general airport revenue refunding with no near-term new-money borrowing in sight.

Robert Thompson of New York City Transit and Joan Nyron of the Pratt Center for Community Development will discuss bus rapid transit at the New York Transit Museum on Sept. 10.

San Antonio voters will get to decide the future of light rail next May in a charter election approved by the City Council.

The consortium fronted by Sweden's Skanska that is building the $2.3 billion Interstate 4 project in central Florida says it has reached financial close on the concession and loans.

New federal banking regulations will further constrain already struggling infrastructure finance, transportation advocates warned.

As funding declines for road services, North Carolina has decided to allow private sponsors to pay for programs in return for advertising benefits.

Texas voters will decide in November on a constitutional amendment that could boost state highway spending by $1.7 billion a year.

Puerto Rico is doubling fares on its Tren Urbano rail line in San Juan to prop up the finances of the transit system.

The Massachusetts Bay Transportation Authority has issued an RFP for an air-rights project at its Hynes Convention Center station over the Turnpike.

Maryland's latest six-year transportation plan includes $279.4 million of new projects as part of $4.4 billion of additional highway and transit funding provided over six years by a 2013 state law that raised the gasoline tax.

Opponents of California's $68 billion high-speed rail plan filed a petition to review a recent ruling that allows the $8.7 billion bond issuance for the project.

Mount Sinai and NYU Langone became the first hospitals to advertise on MetroCards, New York's Metropolitan Transportation Authority said.

West Virginia is seeking a private partner to build a 3.3-mile segment of the Coalfields Expressway in the state's first P3 project under a 2013 law.

Fitch downgraded Florida's Pensacola International Airport bonds to BBB-minus from BBB primarily due to "financial underperformance" and airline consolidation risk.