Transportation industry

The Massachusetts House debated an alternative transportation and education financing bill one-fourth the size of what Gov. Deval Patrick has proposed.

The Ohio Turnpike Commission Monday tapped Citi as the senior manager on $1.5 billion of bonds backed by a new pledge of Ohio Turnpike revenues.

Dallas-Fort Worth International Airport took another downgrade Friday as Fitch Ratings lowered the revenue bond rating to A from A-plus.

Gov. Tom Corbett has ordered a rebid of an IT contract and reviews of all vendors named in the Pennsylvania Turnpike Commission pay-to-play scandal.

New York's Metropolitan Transportation Authority will sell $200 million of Triborough Bridge and Tunnel Authority refunding bonds for capital projects.

A new study released by the Federal Railroad Administration lays out numerous diverse options for high-speed rail investment in the nation's heavily-populated Northeast corridor.

The Virginia General Assembly on Wednesday approved Gov. Bob McDonnell's amended transportation plan, which slashes gas taxes and is projected to pump billions into Virginia's transportation infrastructure over the next five years.

Katherine Perez-Estolano, considered an expert in transportation and land-use planning, was appointed by California Gov. Jerry Brown to the California High-Speed Rail Authority's Board.

Rep. Maxine Waters, D-Calif., has introduced legislation that would make $1 billion available for federal transportation grants.

The Virginia Port Authority's decision not to pursue a public-private partnership could have a negative impact on other potential port privatization deals, according to a new report from Fitch Ratings.

Indiana last week reached financial close on a $700 million tax-exempt bond financing that finances the state's half of the $2.6 billion bi-state bridge project with Kentucky.

With nearly $500 million in spring transportation projects planned, Illinois will sell $800 million of debt Tuesday after a two-month delay in the state's first bond offering of the year.

General aviation airport officials in Florida and across the country will discuss the implications of tower closings Tuesday in a conference call with the Federal Aviation Administration

Colorado's Regional Transportation District plans to issue $225 million of certificates of participation this month as its $7.9 billion FasTracks rail and bus network achieves major construction milestones.

New York's Metropolitan Transportation Authority awarded the first contract to a company participating in its new federal small business mentoring program.

Moody's Investors Service is considering a downgrade on $1.1 billion of P3 turnpike debt in Texas to non-investment grade.

The Virginia Port Authority Tuesday declined proposals to operate as a public-private partnership after it received an unsolicited P3 proposal.

Gov. Deval Patrick's administration, acting on a provision of the 2009 Massachusetts transportation overhaul law, has named a panel to explore P3 deals.

A bankruptcy court hearing is slated next week on settlement agreement between American Airlines Inc. and holders of its $1.4 billion of New York City airport debt.

Ohio Gov. John Kasich is expected to sign into law a new two-year, $7.6 billion transportation budget that features as its centerpiece Kasich's proposal to issue debt backed by future turnpike tolls.