Transportation industry

The Federal Railroad Administration and Georgia Department of Transportation are preparing a study to evaluate high-speed passenger rail service between Atlanta and Charlotte, N.C.

Lambert-St. Louis International Airport received a triple dose of good credit news last week when Moody's Investors Service followed Fitch Ratings in upgrading the airport's credit and Standard & Poor's revised its outlook.

Transportation Corridor Agencies said Neil Peterson will become its new chief executive officer.

New York’s Metropolitan Transportation Authority on Thursday announced short- and long-term initiatives designed to mitigate the effects of Hurricane Sandy-type storms.

A bill that would tax energy-efficient vehicles for using the road is moving through the Oregon legislature, according to local reports.

North Carolina scheduled meetings in communities along Interstate 95 to discuss the I-95 Economic Assessment, and the next steps toward doing $4.4 billion in improvements including possible tolls.

U.S. Transportation Secretary Ray LaHood announced Friday that recent federal legislation will allow the FAA to prevent the closure of 149 federal contract air traffic control towers though fiscal 2013.

Alabama Gov. Robert Bentley announced that more than 250 new road and bridge projects will move forward thanks to a $25 million bond program for rural counties.

Creating a municipal road and bridge revolving fund is crucial to improving Rhode Island's roads and bridges, Treasurer Gina Raimondo told a House panel in Providence.

Louisiana will refund $303 million of gasoline and fuels tax revenue bonds this week to avoid $110 million of swap fees on the variable-rate debt.

Managed toll lanes carry greater credit risks than traditional toll roads because they are challenging to implement and subject to extreme traffic volatility, according to a new report from Moody's Investors Service.

Chicago City Council member Brendan Reilly said this week he has consulted with public finance experts in an exploration of how the city could finance a buy back of the parking meter system from private operators.

With some saying that the Puerto Rico Highways and Transportation Authority is teetering, muni market participants are wondering about its financial health.

The Puerto Rico Highways and Transportation Authority may default as soon as next week, El Nuevo Dia newspaper reports a Puerto Rico government official as saying.

Hawaii State legislators killed a bill that would have reduced the state's take of a surcharge designated to pay the costs of a $5.2 billion elevated rail now under construction in Honolulu, according to the Honolulu Star Advertiser.

The Los Angeles City Council approved a $4.76 billion Los Angeles International Airport plan to move the northernmost runway closer to homes in Westchester and Playa del Rey.

Wednesday marked the deadline for companies interested in developing a pair of major rail projects under Maryland's new public-private partnership law, and the private sector is jumping at the chance.

New York's MTA named veteran transit manager Joseph Leader senior vice president for its department of subways, succeeding the promoted Carmen Bianco.

Louisiana will avoid $110 million in swap termination penalties with a $303.1 million refunding on May 16 approved by the State Bond Commission.

A judge ruled last week that several Kansas City, Mo. business owners behind a lawsuit challenging the legality of the funding mechanism for the city's proposed $102 million, two-mile downtown streetcar line don’t have to file a bond to proceed with their appeal.