Transportation industry

The heavy political lifting to overhaul the governance structure of the Chicago region's transit system and improve its funding now begins following the release of a state transit task force recommendation that the current system be scrapped.

The Florida Department of Transportation has opened its first public-private highway project - the $1.8 billion Interstate 595 Express Lanes in Broward County.

North Texas Tollway Authority will remarket $100 million of bonds as a direct letter of pay for a 2011 issue is set to expire in July.

A state transit task force proposed scrapping the current governance structure of transit services in the Chicago region under a framework that calls for the creation of new, single super agency.

Major U. S. corporations are calling on Congress to increase transportation infrastructure funding in the next highway bill.

The arrest of Mayor Patrick Cannon may prompt state lawmakers to strengthen a law removing Charlotte Douglas International Airport from the city's control.

A bill that would allow Nebraska to issue bonds for highway construction advanced last week despite an eight-hour filibuster aimed at derailing the measure.

El Paso will seek new money for its airport and savings on outstanding debt with a combined $155 million issue of refunding bonds and certificates of obligation.

The chairman of the Port Authority of New York and New Jersey, David Samson, has resigned his position as of Friday morning, New Jersey Gov. Chris Christie said.

New York Gov. Andrew Cuomo unveiled a transportation resiliency program to help prepare the region for future emergencies and reduce storm impact on vital transportation infrastructure.

Sen. Barbara Boxer, D-Calif., on Thursday said she expects the Senate Environment and Public Works Committee will be able to vote on a six-year transportation bill next month.

Pennsylvania's Department of Transportation will invite four teams to submit proposals for the rapid bridge replacement P3 project, said Commissioner Barry Schoch.

The prospect of a state budget that would divert $40 million of transit operating funds for debt service doesn't faze the New York MTA Chairman Thomas Prendergast.

Grassroots pressure is building on Congress to pass a transportation funding bill this summer and prevent a halt in construction projects as the Highway Trust Fund approaches insolvency.

The authority planning a long-stalled bridge across Alaska's Knik Arm wants lawmakers to shift the project from a public-private partnership to traditional public financing.

Retail pricing began Tuesday for the Pennsylvania Turnpike Commission's $236 million sale of Series 2014A senior turnpike revenue bonds.

Bonds approved by voters in 2012 are expected to help El Paso County close a $17 million gap in funding for a highway link to a new international bridge.

Atlanta plans to refund $705.5 million of bonds originally sold to finance improvements at Hartsfield-Jackson Atlanta International Airport.

Maryland can proceed with the selection of a private partner to design, build, and operate the $2.4 billion Purple Line commuter rail project via a public-private partnership after federal approval last week of the environmental impact statement.

Support for 'Gridlock Sam' Schwartz's latest plan to ease New York congestion and toll inequity ranged from a motor truck association to the Straphangers Campaign.