Transportation industry

The Southern California Logistics Airport Authority said another round of defaults on its debt is on the horizon.

The Indiana Finance Authority selected a P3 team led by Walsh Investors for its half of the $2.6 billion Ohio River Bridges project that is a joint effort between the Hoosier State and Kentucky.

Two Virginia groups representing local governments have joined the opposition to Gov. Bob McDonnell's and the state Department of Transportation's plan to toll Interstate 95.

A congressional panel grilled members of the Metropolitan Washington Airports Authority board Friday morning in a hearing called to examine a scathing report on the bond-issuing agency's ethical practices and policies.

Florida's Santa Rosa Bay Bridge Authority, which is in default of more than $116 million of toll bonds, may lose insurance and board members. It is also unclear if bondholders will be paid Jan. 1.

Moody's Investors Service has downgraded 27 grant anticipation revenue vehicle bonds, totaling about $10 billion in par value.

The Louisiana State Bond Commission gave final approval Nov. 15 to a negotiated sale of $350 million of highway improvement bonds to be sold in early January.

The board of the Metropolitan Washington Airports Authority voted Wednesday to increase rates on the Dulles Toll Road, calling it necessary to finance part of the mostly bond-funded and highly controversial Silver Line rail extension to Dulles International Airport.

North Carolina Gov.-elect Pat McCrory is calling for a 25-year transportation and infrastructure plan after leading a GOP sweep of the governorship and the Legislature.

Ascension Parish, La. voters handily defeated a proposal to increase the local sales tax to support a bond-funded plan to upgrade roads.

Moody's Investors Service revised its outlook on Milwaukee County's general airport revenue bonds to negative from stable due to recent declines in passenger levels at General Mitchell International Airport.

Frederick "Bud" Wright is expected to become the new executive director of the American Association of State Highway and Transportation Officers early next year, sources said Tuesday.

The Texas Transportation Commission will refund $840.9 million of Central Texas Turnpike System debt; the system was recently lifted into the A category by Standard & Poor’s.

California's non-partisan Legislative Analyst said the state's use of public-private partnerships has fallen short by using unclear processes and picking unsuitable projects.

Hurricane Sandy gave New York's Metropolitan Transit Authority a harsh wake-up call about the need to fix infrastructure in the face of climate change.

Rep. Bill Shuster, R- Pa., announced on Thursday his candidacy to serve as chairman of the House Committee on Transportation and Infrastructure.

Seattle voters overwhelmingly authorized $290 million of 30-year bonds to help rebuild part of the city’s seawall and downtown piers.

Kirk Caldwell, a supporter of Honolulu’s planned rail transit system, beat rail opponent Ben Cayetano to win the mayor’s office in a race that was effectively a referendum on the rapid transit line.

Los Angeles County voters narrowly defeated Measure J, the proposed 30-year extension of a half-cent transportation sales tax.

A non-profit alliance of businesses has formed to help Ontario, Calif. officials in their efforts to wrest control of LA/Ontario International Airport from Los Angeles.