Transportation industry

Maryland asks four consortiums for proposals to build and finance $2.4 billion Purple Line commuter rail project.

San Antonio and Bexar County officials have reversed course and called for a voter referendum on a $280 million streetcar project.

The Senate adopted legislation that would provide a five-month, $8 billion bailout of the Highway Trust Fund that extends the fund's solvency through mid-December.

Highway construction project awards slacken in 2014 as states gird for possible delays, cuts in federal transportation spending.

The Detroit Metropolitan Wayne County Airport is heading to market next week with $107 million of airport revenue bonds, hoping it doesn't take too much of a beating for carrying what is one of the most tainted names in the municipal bond world.

New York's MTA proposed a $14.2 billion fiscal 2015 budget and four-year financial plan that assumes an average annual increase of $260 million to labor costs stemming from two settlements.

Trains are now carrying passengers on the first segment of Washington rail system extension funded with $3 billion of federal loans and toll revenue bonds.

The finance committee of New York's MTA approved a motion to issue special obligation taxable refunding bonds that would fully pay defeased bonds at their early redemption rate and could save the authority $32 million.

With no debt on its books, Salt Lake City International Airport has broken ground on a $1.8 billion redevelopment that will not require a bond issue until 2016 at the earliest, officials said.

The Port Authority of New York and New Jersey board of commissioners has elected John Degnan as its new chairman.

The Chicago Infrastructure Trust hopes to launch a competitive selection process this fall for private partners in its third energy retrofit project – city outdoor lighting upgrades.

A court of appeals upheld a proposed route connecting the San Francisco Bay Area to the Central Valley for California's $68 billion high speed rail project.

New York's Metropolitan Transportation Authority's capital funding gap may exceed $12 billion, according to a report by state Comptroller Thomas DiNapoli.

The Connecticut Bond Commission is expected to approve $3 million to fund short-term fixes to the 118-year-old Walk Bridge in Norwalk, said Gov. Dannel Malloy.

Busy Atlanta International Airport won the 2014 Global Efficiency Excellence Award from the Air Transport Research Society.

Illinois Gov. Pat Quinn signed into law Tuesday a $1.1 billion bond-financed transportation package.

Allowing states to toll existing highways as an infrastructure funding option divides transportation industry advocates.

Three senators hope to offer an amendment on Senate floor that rejects budget gimmicks and requires passage in 2014 of a longer term transportation funding measure.

The plight of State Highway 130 outside Austin, Texas, is a stark example of the risks involved in building toll roads in undeveloped areas, according to Fitch Ratings.

A special commission brainstormed about the long-term prospects for New York's Metropolitan Transportation Authority, one of the largest municipal issuers. The authority is in need of modern thinking about how to finance and provide its services, many members said.