Transportation industry

Federal, state and local elected officials joined LA Metro in announcing the receipt of a $1.25 billion full funding grant agreement from the Federal Transit Administration for its Purple Line subway extension.

Airport infrastructure public-private partnerships are often stymied by a web of competing local interests, aviation advocates told a House P3 panel.

Moody's Investors Service Tuesday downgraded $975 million in outstanding Clark County, Nevada Airport Enterprise senior lien bonds to Aa3. The bonds are for Las Vegas' McCarran International Airport.

Moody's said $2 billion in federal loans for a commuter train service extension into Virginia's Fairfax and Loudoun counties is a credit positive.

Georgia plans to issue $152.7 million in bonds for various transportation projects, including the reconstruction of an interchange at Interstate 285 and Georgia 400.

President Obama used his weekly address to criticize House Republicans for chopping the TIGER grant program to $100 million in 2015.

Oklahoma is selling a rail line that may bring passenger service to the state's two largest cities and tank cars to the "Pipeline Crossroads of the World."

Moody's downgraded the Jackson International Airport to Baa1 from A3 just three weeks before Southwest Airlines pulls out of the Mississippi capital.

Congress is expected to pass a compromise water infrastructure bill this week that funds 34 projects totaling $12 billion.

The North Carolina Department of Transportation won federal approval to resume work on the $900 million, 20-mile Monroe Bypass project stalled by a federal ruling.

Moody's Investors Service downgraded Manchester-Boston Regional Airport, N.H., revenue bonds to Baa1 from A3

The years Honolulu officials invested in its $5.2 billion elevated rail project are paying off, while Los Angeles officials are fighting for a funding arrangement they say is needed for their rail plans to reach fruition.

A sales tax hike in Missouri to bolster transportation funding is headed to the November ballot.

Senate Environmental and Public Works Committee gave its unanimous approval to six-year bill authorizing $242 billion of federal highway funding.

President Obama pressed Congress to quickly increase spending on transportation infrastructure in a speech Wednesday at a bridge project work site.

The draft transportation bill released by a key Senate committee falls far short of funding needs by proposing only $242.4 billion for road projects over six years, administration officials and highway industry experts are warning.

The Plano City Council has approved the largest incentive package in the city's history for the North American headquarters of Toyota Motor Co.

Virgin America will move Dallas flights to Love Field from Dallas Fort Worth International Airport.

Hawaii Gov. Neil Abercrombie announced May 9 the appointment of Ford Fuchigami as interim director of the state Department of Transportation.

The Missouri Highways and Transportation Commission hits the market next week with a $900 million refunding as it awaits legislative word on whether a sales tax hike to ease its funding crunch will go to voters this fall.