Transportation industry

The Senate is expected to vote on whether to confirm Charlotte, N.C. Mayor Anthony Foxx as Secretary of the Transportation Department during the next few weeks, but has not yet scheduled the vote, a congressional aide said Tuesday.

U.S. Transportation Secretary Ray LaHood announced Tuesday that his agency received applications for $9 billion of Transportation Investment Generating Economic Recovery grants, when only $474 million is available.

Chicago's motor fuel tax credit took its second ratings hit in a week with Moody's Investors Service dropping its rating one level to Baa1 over exposure to Illinois.

The chairman of the Senate Commerce, Science and Transportation Committee, on Monday named Sens. Mark Warner and Richard Blumenthal to lead two subcommittees.

A federal judge in Rhode Island has agreed to let the state continue to implement electronic tolling equipment on the new Sakonnet River Bridge connecting Portsmouth and Tiverton.

Ontario, Calif. officials filed a lawsuit to have their regional airport returned to local control following a three-year battle with Los Angeles officials.

Moody's Investors Service downgraded Memphis-Shelby County Airport Authority's bond rating to A3 from A2 a day after Delta announced that the airport would no longer be a hub.

The Chicago City Council ratified revisions to the much-maligned 75-year parking meter lease that Mayor Rahm Emanuel promoted as cutting the city's long-term penalties for lost parking revenue to the private meter operators.

New York MTA's chief acknowledged that extensive work to fix two major subway tubes damaged by Hurricane Sandy would cost "hundreds of millions" of dollars.

The Miami-Dade County commission gave final approval for an overall $4.24 billion bond program to finance the cost of water and sewer improvements.

While serving a prosperous city and picturesque tourist destination, Burlington, Vt.'s airport is one of the few passenger airports to which Moody's Investors Service has given a speculative grade.

Standard & Poor's raised its rating on Des Moines Airport Authority by one level to A due to improved debt service coverage ratios.

Puerto Rico has disclosed that the U.S. Treasury is no longer skimming money from federal grant payments backing the commonwealth's Garvee bonds, a day after Moody's Investors Service placed the debt on notice for possible downgrade.

Two key state senators want Texas Gov. Rick Perry to open the special legislative session to another effort to boost highway funding.

U.S. toll roads are maintaining high investment-grade ratings, despite the slow economic recovery, Fitch Ratings said Thursday, releasing its first annual review of the toll roads it rates.

Gov. Jerry Brown's administration has ordered an independent review of the California Department of Transportation amid controversy over the new span of the San Francisco-Oakland Bay Bridge.

Moody's Investors Service has placed its A2 rating on the Puerto Rico Highways and Transportation Authority grant anticipation revenue bonds on review for a possible downgrade.

A federal court in Rhode Island denied a request from three communities for a temporary restraining order against tolls on the Sakonnet River Bridge.

The Federal Highway Administration has given final environmental approval to Georgia's $1 billion Northwest Corridor project paving the way for work the 30-mile congestion reliever for the Atlanta region.

In a move showing that Garvees, like Build America Bonds, are subject to the risk of federal offsets, the U.S. government has reduced transportation funds backing Puerto Rico's Garvees to make up for the Commonwealth's failure to pay money owed to a federal agency for river projects.