Transportation industry

Moody's Investors Service affirmed ratings on $6.5 billion of debt issued by 14 California transit agencies and revised outlooks to stable.

A Cook County Circuit Court judge rejected Chicago's efforts to trim the size of a $58 million arbitration award won by the private operators of four downtown city and park district-owned parking garages.

Long Island Rail Road and local private-sector unions have reached an agreement designed to reduce labor costs on seven major construction projects by nearly 11%.

San Antonio's Via Transit should abandon plans for a $280 million modern streetcar line because of a $70 million funding gap, according to State Rep. Lyle Larson.

North Carolina has cleared the first of two legal challenges over a $215.8 million project to replace the aging Bonner Bridge in the state’s Outer Banks.

Dallas-Fort Worth International Airport continues its record-setting pace for bond issuance Tuesday with a $259 million refunding deal.

A measure to restore some funding that Orange County, Calif., lost during changes in apportionment of a state vehicle license fee passed the California legislature.

Falling traffic and growing competition from Denver International Airport led Standard & Poors to downgrade Colorado Springs Airport revenue bonds to BBB-plus.

To keep the ball rolling on building a new $3.9 billion Tappan Zee Bridge, the New York Thruway Authority will sell a $700 million bond anticipation note.

A bankruptcy judge confirmed American Airlines’ reorganization plan but its exit from Chapter 11 depends on resolution of the antitrust lawsuit against its merger with US Airways Group.

Washington is planning to sell $295 million of bonds backed by federal highway grants next week to continue financing its floating bridge project over Lake Washington.

Moody's Investors Service expects an increase in toll roads and toll-supported projects, the ratings agency said in a report.

A P3 involving Harrisburg’s parking assets would provide back-end revenue and avoid a Chicago-type fiasco in Pennsylvania’s capital, a receivership official said.

Kentucky and Indiana officials set the base toll rates that drivers will pay on the $2.6 billion Ohio River Bridges Project at a special meeting Sept. 11.

The Kentucky Turnpike Authority expects to price $186.85 million of new road revenue bonds this week.

A regional commission to operate Charlotte-Douglas International Airport is being appointed while the FAA is determining if the panel can hold the airport’s operating license.

The multi-billion dollar Columbia River Crossing project may be financially viable as long as certain conditions are met, according to a top official in the Oregon State Treasury.

A political landscape marked by anti-privatization sentiments may have left Chicago Mayor Rahm Emanuel little choice but to drop the city's bid to lease Midway International.

The Florida Department of Transportation is seeking proposals from investors and developers to finance, design, and build the state's first privately operated tolled expressway.

D/FW International Airport may have to issue more bonds for a terminal upgrade effort as costs skyrocket.