Transportation industry

A consortium led by Sweden's Skanska Infrastructure Development will negotiate a P3 contract to build Florida's massive "Ultimate Interstate 4" project.

The growing Tampa Bay area on Florida's mid-west coast plans to ease severe traffic congestion with major transit upgrades, including new light-rail systems.

Airports may someday face competition from high-speed rail, but that's not a sure thing yet, Kroll Bond Rating Agency said in a new report on rating methodology for general airport revenue bonds.

Researchers at three universities are looking into the development and future vision for high-speed rail in the United States.

The Utah Transit Authority is privately placing $144 million of subordinate sales tax revenue bonds to reduce variable-rate exposure.

Moody's revised the outlook on the Orlando-Orange County Expressway Authority, Fla., to stable as it prepares a work plan and faces potential governance changes.

The Highway Trust Fund will not be able to meet obligations for highway and transit projects in fiscal 2015 under President Obama's proposed budget, the Congressional Budget Office is warning.

Atlanta Mayor Kasim Reed plans to name Atlanta International Airport's new manager in the next two weeks after interviewing three candidates.

A plan to reduce congestion in Austin's fast-growing northern suburbs is expected to cost $164 million, says a local government coalition called Project Connect.

New York's MTA and Transit Workers Union 100 reached a tentative five-year labor agreement, Gov. Andrew Cuomo announced.

Metropolitan Washington Airport Authority will complete funding of a rail line to Dulles International Airport with May's negotiated sale of $450 million of toll revenue bonds.

The Government Development Bank of Puerto Rico has posted its auditor's report on fiscal 2013 showing the GDB's exposure to the Puerto Rico Highways and Transportation Authority.

New York's MTA awarded two contracts valued at $628 million to East Side Access contractors who will wall more than 10,000 linear feet of newly excavated tunnels and install communications systems.

Connecticut Gov. Dannel Malloy called for several state investments in major highway, bridge and rail projects as part of a five-year capital infrastructure program.

Transportation Secretary Anthony Foxx is barnstorming across eight states to warn that road projects may be halted if Congress does not replenish the Highway Trust Fund.

A North Carolina Interstate toll project aimed at congestion relief faces growing resistance from opponents that want the federal highways to remain freeways.

A bipartisan group in Congress wants to fund transportation projects with an infrastructure bond bank supported by revenue from corporate tax code reforms.

A $1.8 billion plan to eliminate an Interstate 70 viaduct built in the 1960s wins Denver City Council support.

Capital projects scheduled by infrastructure-related issuers like transportation and utility entities will keep the sector busy despite expected low issuance this year, investors and issuers said at a JP Morgan conference.

Kentucky Gov. Steve Beshear vetoed enabling legislation for statewide use of public-private partnerships late Friday saying it was wrong to enshrine in law a toll ban on a long-planned $3.5 billion bridge project.