Transportation industry

With refunding opportunities fading, municipal bond volume in the Southwest region fell 13% from 2012 to $56 billion in 2013.

The Port Authority of New York and New Jersey has approved 2014 capital and operating budgets.

Local and national transportation officials gathered in Los Angeles Thursday to sign a grant agreement directing $670 million in federal funds to a $1.4 billion project to connect light rail lines now 1.9 miles apart on the opposite ends of downtown Los Angeles.

A Boulder environmental group has vowed to sue the Colorado Department of Transportation to stop a $490 million public-private project on the main highway to Denver.

Without taxpayer support, the ubersecretive $1.6 billion MBTA retirement fund would go broke between 2024 and 2036, said a report by Boston's Pioneer Institute.

Congress must show political courage in expanding federal transportation funding as the Highway Trust Fund dwindles, DOT Secretary Foxx said Thursday.

The Port Authority of New York and New Jersey adopted a $27.6 billion capital plan focused on transportation projects.

Regional Transportation Authority of Illinois board chairman John Gates announced Wednesday he would step down from the post at the end of his term in June.

A California appeals court has agreed to fast track review of a lower court's decision that prevents the state from issuing $8.6 billion in bonds for its high-speed rail project.

The benefits of stimulus spending on transportation infrastructure during economic downturns outweigh the initial cost, the Transportation Research Board says.

The Missouri Highways and Transportation Commission has adopted a 20-year construction program to meet a federal planning mandate but warned it can't really afford the plan amid dwindling funding.

Five consortiums have submitted statements of qualification for the Pennsylvania Department of Transportation's rapid bridge replacement P3 project.

Conservative financial structure of grant anticipation revenue bonds will buffer their credit ratings if federal highway funds drop in fiscal 2015, Standard & Poor's predicts.

Cincinnati Mayor John Cranley unveiled a plan for the municipal parking system that would keep the asset under city control as an alternative to a controversial proposal to lease it to the local port authority for an upfront cash payment.

Four consortiums whose members include top firms in the public-private partnership industry compete for Florida’s $2.4 billion “I-4 Ultimate Project.”

A Senate committee was warned Wednesday that the looming insolvency of the federal Highway Trust Fund could shut down transportation projects across the county.

Dallas-Fort Worth International Airport plans to refund $200 million of revenue bonds as it continues its $2.3 billion terminal remodeling project.

An applicant who once wanted to be the Orlando-Orange County Expressway Authority's new director alleges the agency committed to projects that will cause a deficit.

New Mexico plans to offer $75 million of transportation revenue bonds for projects around the state.

Inadequate funding for transportation infrastructure in one of the biggest issues facing the United States, the Transportation Research Board said Tuesday.