Transportation industry

Miami-Dade County plans to lower borrowing costs for improvements at PortMiami by issuing $208 million of bonds in variable rate mode this week.

San Francisco is proposing a $500 million general obligation bond as part of a $1.5 billion transportation package for the November ballot.

Sen. Barbara Boxer said the Senate Environment and Public Works Committee will begin work next week on a transportation bill that keeps spending at current levels plus inflation.

An Austin transportation coalition proposes a $1.4 billion urban rail line that could appear on the November ballot after years of study.

Former U.S. Representative James Oberstar died at age 79 Saturday, silencing one of Washington's most outspoken advocates of increased transportation and infrastructure investment.

The gas tax would need to be raised to 31 cents from the current 18.3 cents per gallon in 2015 and increased thereafter in order for the Highway Trust Fund to keep up with projected transportation funding needs, without new revenue sources, Fitch Ratings said in a report released Monday.

Cost overruns at the overdue South Terminal at Denver International Airport pose "significant budget risk," according to Denver Auditor Dennis Gallagher.

State transportation departments face a $47 billion cut in federal funding in fiscal 2015 if Congress fails to shore up the Highway Trust Fund.

The Illinois State Toll Highway Authority plans to sell $450 million of new money revenue bonds on Wednesday for projects in its ongoing $12 billion, 15-year capital program.

Florida lawmakers unanimously passed Senate Bill 230 to create a new regional toll road agency, and abolish the embattled Orlando-Orange County Expressway Authority, which has $2.6 billion of debt.

Approval of a $1.9 billion federal transportation loan for the $5.7 billion Silver Line rail extension to Washington's Dulles Airport is the largest ever awarded.

Patrick A. Nowakowski, the executive director of the Dulles Corridor Metrorail Project, will be the next president of Long Island Rail Road, the MTA announced.

The Missouri Senate has approved a measure sending to voters a sale tax hike to fund transportation projects.

Tolling and transit advocates praise the $302 billion transportation legislation now in Congress, but others doubt lawmakers will act before the November elections.

Florida lawmakers are in a last-minute push to replace the Orlando-Orange County Expressway Authority on the heels of a scandal that dogs the agency.

Houston plans to demolish Terminal D at Bush Intercontinental Airport and build a replacement at an estimated cost of $1.5 billion.

New Jersey Gov. Chris Christie nominated John J. Degnan to be the new chairman of the Port Authority of New York and New Jersey on Tuesday.

President Obama sent to Congress a $302 billion, four-year surface transportation funding bill that ends the prohibition on tolling existing interstate highways.

A new credit issued by New York's Metropolitan Transportation Authority secured by payroll mobility tax revenues should be its highest rated, according to finance director Patrick McCoy.

Atlanta hopes a new financial incentive program will stimulate international air cargo and passenger growth at Hartsfield-Jackson Atlanta International Airport.