Transportation industry

Rep. Peter DeFazio wants to build highways with a wholesale tax on oil and repeal the federal gasoline tax.

The Orlando-Orange County Expressway Authority board approved a $230 million interchange project in what was likely its final act before the agency is transferred to a new organization.

The Chicago Transit Authority has received a first time rating from Kroll Bond Rating Agency of AA on its upcoming sale of nearly $600 million of sales tax backed revenue bonds to fund capital projects.

President Obama signed into law Tuesday a $12.3 billion water infrastructure bill that funds 34 port, inland waterway, and flood control projects.

Senate Budget Committee chairman Patty Murray says closing corporate tax loopholes would pay for federal transportation funding needed to avoid a shortfall in the Highway Trust Fund.

Connecticut and New York's MTA will jointly pursue $349 million in federal resiliency funds to replace the 118-year-old Walk Bridge in Norwalk, Gov. Dannel Malloy said.

Kroll Bond Rating Agency provided its first rating for a Texas issuer and for an airport June 9, rating Dallas-Fort Worth International Airport AA-minus.

House GOP leaders push ahead with a plan to fund highway projects for a year with savings realized by limited Saturday mail deliveries.

The Metropolitan Atlanta Rapid Transit Authority adopted a $885.7 million budget for fiscal 2015 and approved the sale of $287 million of bonds June 5.

New study links increased public corruption to high levels of state expenditures on highways and other construction projects.

Infrastructure in New York City and around the Northeast is crumbling. How to pay to fix it is a question without easy answers.

It's yes to 38 Studios debt and no to Sakonnet River Bridge tolls as Rhode Island House Finance Committee approved a revised $8.7 billion budget.

The leaders of the Senate Finance Committee on Thursday that they will hold a series of tax reform hearings this summer and will continue to look for innovative ways to fix the Highway Trust Fund other than using revenues from repatriation.

The Senate Appropriations Committee on Thursday approved a $51 billion transportation spending measure for fiscal 2015, as a subcommittee chair warned about the pending insolvency of the Highway Trust Fund.

Fitch revised the outlook to negative on Alabama's Birmingham Airport Authority bonds citing erosion in the enplanement base as debt service obligations begin to increase.

Colorado Gov. John Hickenlooper has vetoed a bill that imposed limits on public-private partnerships for transportation projects in the state.

S&P revised its outlook on Rhode Island Turnpike and Bridge Authority revenue bonds to negative from stable while affirming its A-minus rating on the bonds.

Colorado's Regional Transportation District has already broken ground on its new North Rail Line that will be financed with $431 million of debt going to market Thursday.

Recent improvements in airline profits are credit positive for airport bonds and may lead to increased capital investments, Well Fargo says.

Senate Appropriations subcommittee approved legislation that would keep federal highway funding at 2014 levels next year while increasing transit spending by $310 million.