Transportation industry

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.

The Ohio Turnpike Commission plans to come to market the week of July 29 with $1.1 billion of turnpike bonds backed by a new credit pledge that is key to the state's future transportation funding plans.

Massachusetts Gov. Deval Patrick signed a $34 billion budget, but vetoed $417 million while a separate transportation bill remains unresolved with the legislature.

San Francisco International Airport plans to go ahead with plans to price $483 million in debt next Thursday even as the airport faces an investigation into a crash landing at the airport last weekend that left two dead and five seriously injured.

San Francisco International Airport plans to go ahead with plans to price $480 million in debt next Thursday even as the airport faces an investigation into a crash landing at the airport last weekend that left two dead and five seriously injured.

Toll revenue from the I-495 express lanes in Northern Virginia increased 64.6% from the first to second quarters of this year, according to Transurban Group, the Australian infrastructure firm that operates the lanes.

Following a review of 32 bolts that failed in March, transportation officials announced that the opening of the new eastern span of the Bay Bridge will be delayed.

Republican leaders on the House Transportation Committee said Tuesday that they intend to reauthorize a rail bill this year and want the legislation to take into consideration innovative financing methods such as public-private partnerships and federal loans.

Georgia is seeking public comments on three vendors that are vying to build the estimated nearly $1 billion, 30-mile, Northwest Corridor managed-lane project.

Denver will price one of its largest issues of airport bonds Thursday, offering $736 million of subordinate-lien debt for construction of its South Terminal hotel and commuter rail station.

Moody's Investors Service hit Rock Island County Metro Mass Transit District in Illinois with a one notch downgrade to Aa3 over the district's heavy reliance on aid from the struggling state to cover operations and debt service.