Transportation industry

The Florida Department of Transportation is forging ahead with its biggest public-private partnership to date: a $2.1 billion managed-lanes venture dubbed the Interstate 4 Ultimate Project.

The Texas Transportation Commission plans to develop a major Dallas-Fort Worth freeway as a tolled public-private partnership and is re-issuing a request for qualifications for a similar project at an adjoining highway.

Increase in passenger traffic at John Wayne Airport in Santa Ana, Calif. partly attributed to new international terminal offerings.

New York's Metropolitan Transportation Authority must consider the age of its subway system and a strained budget when considering technical enhancements, officials said.

New York's MTA said it saved $310 million by terminating three leveraged lease agreements that exposed itself to downgraded bond insurer Assured Guaranty.

Los Angeles and San Diego are both crafting plans to rectify years of deferred maintenance resulting in crumbling city streets and sidewalks.

Texas Gov. Rick Perry called for a constitutional amendment that would allow $1.8 billion in tax relief and a budget that would use $3.7 billion from the rainy day fund for water and transportation projects.

U.S. airports have $71.3 billion in capital needs through 2017, a major airport interest group said Tuesday, a funding goal that they are not on track to meet.

Public-private partnerships are "toxic" to a lot of people and the mere mention of them can hinder projects, California Treasurer Bill Lockyer said Tuesday. Lockyer said, "Avoid talking about public-private partnerships. They are toxic with a lot of people."

Wisconsin is readying up to $246 million of transportation revenue bonds as lawmakers tackle an agenda that includes funding for the state's pressing transportation needs.

A bill pending in the Maryland Senate would require the state transportation authority to begin exploring the possibility of a bond-financed bridge across the Chesapeake Bay.

New York's Metropolitan Transportation Authority achieved about $1 billion in present-value savings from its 2012 refundings, according to officials.

Ray LaHood, a big supporter of high-speed rail and the Dulles Silver Line project, plans to step down as Transportation Secretary after a successor is nominated and confirmed by the Senate.

Kyle voters are expected to decide in May on up to $35.3 million of city general obligation bonds to finance road reconstruction in the town near San Antonio

The two-year proposed state operating budget from Kansas Gov. Sam Brownback draws $560 million from the DOT highway fund to cover non-transportation needs.

Officials at New York's Metropolitan Transportation Authority are studying the use of technology to minimize subway commuter deaths, but admit it won't come cheap.

The New York Thruway Authority has started the bonding process for a new Tappan Zee bridge.

The Illinois State Toll Highway Authority board approved two slates of financial teams to underwrite roughly $1 billion of toll-backed borrowing planned in its next two financings.

A plan released by the Washington Metropolitan Area Transit Authority details $6 billion of investment the nation's second-busiest subway system needs to make over the next 12 years, and stresses the need for new revenue to support it.

Southwest Airlines and Los Angeles International Airport will fund up to $400 million in Terminal 1 improvements if the Los Angeles City Council approves the plan.