Transportation industry

Orange County Transportation Authority, Calif., received a two-notch ratings bump on its senior lien toll road revenue bonds to AA-minus from Standard & Poor's on Tuesday.

Missouri transportation officials blamed a lack of consensus on how to pay for the state's transportation needs for the failed ballot measure that sought a sales tax hike to generate more than $5 billion in new revenue.

Puerto Rico Gov. Alejandro García Padilla created a public transit authority to integrate oversight over various modes of transportation.

New York City's DOT chose Elliott Bay Design Group of Seattle to design a new class of boats for the Staten Island ferry at an expected cost of $309 million.

Detroit emergency manager Kevyn Orr is looking for private firms interested in taking over the city's parking system, where nearly half the meters are reportedly broken.

Long Island Rail Road pension fraud could happen again if a federal agency isn’t vigilant enough, said budget watchdog group Citizens Budget Commission.

New York City Transit veteran Frank Jezycki will become vice president and chief officer for the Staten Island Railway, MTA officials announced.

Texas offered $15.3 million and other favorable conditions to land the $85 million SpaceX launch site, officials said.

Short-term patch of the Highway Trust Fund is credit positive for $12 billion of state highway Garvee bonds, Moody's says. But neither it nor other major rating agencies are planning to change Garvee ratings or outlooks.

Massachusetts lawmakers let stand Gov. Deval Patrick's veto of a measure that would have repealed subjecting the MBTA Retirement Fund to an open-records law.

Fitch revised the rating outlook to stable from negative on $307.4 million in bonds issued for Southwest Florida International Airport because traffic levels improving.

The California 3rd District Court of Appeal ruled Thursday that the state may resume selling $10 billion in bonds for its $68 billion high speed rail project.

The Senate keeps transportation dollars flowing with for at least 10 months with last-minute approval of the House's $11 billion highway fund bailout.

The House rejected the Senate's amendments to its $10.8 billion, 10-month bailout of the Highway Trust Fund on Thursday afternoon and sent its original bill back to the Senate.

A Kentucky contractor filed a discrimination suit claiming it lost work on the Ohio River Bridges Project due to state delays certifying the minority business.

Hawaii took advantage of a market starved for bonds to increase the size of its highway revenue deal and lower its borrowing costs.

The Los Angeles County Metropolitan Transportation Authority’s board voted last week to study the feasibility of creating a light rail system on the Orange Line to connect the San Fernando and San Gabriel Valleys.

The House and Senate seem to be playing a political game of chicken with the Highway Trust Fund, sending differing bills to extend its solvency back and forth just two days before federal officials have threatened to begin cutting back on federal transportation reimbursements to states if there is an impasse

San Francisco Mayor Ed Lee approved a $500 million general obligation bond measure that will go before voters on Nov. 4.

Construction of a bond-funded bridge project between Detroit and Canada that could cost as much as $4 billion advanced Wednesday when Michigan Gov. Rick Snyder and Canadian officials announced appointments to a pair of new authorities that will oversee construction and financing of the span.