Transportation industry

U.S. Transportation Secretary Anthony Foxx said his office is trying to make sure that money authorized for the Transportation Infrastructure Finance and Innovation Act program is being quickly loaned out for projects, though experts said the process could be improved.

A watchdog group asked the Office of Congressional Ethics to launch an ethics investigation into a potential conflict of interest involving the David Valadao, R-Calif. on legislation aimed at killing California's high-speed rail project.

Georgia has chosen Northwest Express Roadbuilders to negotiate a contract for the construction of the 30-mile, managed-lane Northwest Corridor project.

Kentucky is selling $207.7 million of Garvees to partially fund its $1.3 billion bridge project known as the "Downtown Crossing" because it traverses Louisville.

To keep the Highway Trust Fund solvent in 2015, Congress would need to eliminate highway and mass transit spending from the fund, raise taxes on motor fuels by about 10 cents/gallon or transfer about $15 billion from the general fund, a Congressional Budget Office official told lawmakers Tuesday.

A court fight is under way between the city of Charlotte and the North Carolina General Assembly over the ownership of Charlotte Douglas International Airport.

The Obama administration said on Monday that the president will veto the fiscal 2013 appropriations bill for the Departments of Transportation and Housing and Urban Development pending in the House if it is enacted in its current form because of cuts to bond-related and other programs.

Transit officials from several New York City-area agencies are talking about a new Penn Station by 2035, but that's far too late for Charles Moerdler.

New York's MTA said Monday it would spend $18 million to restore and improve service on subways, buses and commuter trains that it cut sharply three years ago.

The Port of Oakland approved a litigation settlement agreement that extends lease agreements that were set to expire in 2016-17 on several cargo terminals.

Arkansas will take to market in September a $300 million tranche from $1.3 billion of sales tax bonds for highway projects set for sale over the next 10 years.

The Texas House and Senate are moving toward final approval of an $800 million transportation funding measure

Gov. Deval Patrick promised to veto an $800 million transportation bill the Massachusetts legislature passed, but lawmakers are in position to override it.

Los Angeles Mayor Eric Garcetti announced three appointments to the Los Angeles County Metropolitan Transit Authority board.

The U.S. Department of Transportation has suspended consideration of a $5.5 billion loan request for a high-speed rail project from Las Vegas to Southern California.

The Bay Area Toll Authority will come to market with its first new money deal in three years, selling $750 million in subordinate toll revenue bonds.

The newest U.S. Senator, Ed Markey, has been assigned to the Commerce, Science and Transportation committee, which splits jurisdiction over transportation issues with the Environment and Public Works Committee.

The American Association of Airport Executives is urging Congress members to permanently eliminate the alternative minimum tax penalty on airport-issued private activity bonds.

Louisiana State Bond Commission will consider a proposal for a $82 million refunding of state gasoline tax bonds issued in 2009 as Build America Bonds.

Chicago O'Hare International Airport's new customer facility charge bond credit established to help finance a consolidated car rental center received a first-time rating of Baa1 from Moody's Investors Service.