Transportation industry

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.

New York's MTA will begin its $500 million sale of Series 2013C transportation revenue bonds with a retail order period Wednesday, with JPMorgan as lead manager.

Chicago is seeking to reduce the size of the $58 million award an independent arbitration panel ruled the city owes private operators of four downtown city and park district-owned parking garages.

A majority of investors holding $113 million of bonds issued for the privately owned and operated Branson Airport in Missouri have agreed to give the struggling Ozarks air field more breathing room to bolster operations.

Atlanta-area businesses agreed to tax themselves to secure $10 million in bond financing to help reconstruct one of the region's busiest and most congested interchanges.

Indiana Thursday put out a request for qualifications seeking developers interested in a $400 million project to rebuild a section of I-69, the latest in a series of P3s that state officials say make them a leader in the sector.

The Los Angeles County Metropolitan Agency will be seeking approval from its board in June on borrowing totaling $10.2 billion through 2026 to complete the rail transit network.

Soaring gasoline prices are the result of price increases for crude oil, not federal and state gas taxes, which must be raised to help pay for transportation infrastructure improvements, the Institute of Taxation and Economic Policy said in a recently released paper.

Michigan Gov. Rick Snyder and GOP leaders have reached an agreement on spending targets for 2014, but Snyder said the $50 billion plan fails to address some long-term issues, including Medicaid and road funding.

The Virginia Department of Transportation begins a series of meetings to take public comment on the draft six-year work program being considered by the Commonwealth Transportation Board.