Transportation industry

New York's Metropolitan Transportation Authority increased its transportation revenue bond issue on Tuesday by 30%, to $729.1 million from an estimated $556 million during retail pricing.

BRADENTON, Fla. — With solid financials and resiliency during the recession, Charlotte Douglas International Airport is in the midst of a $511 million multi-year capital program.

WASHINGTON — House Republican leaders pushed through another extension of the nation's highway programs Wednesday evening, a move politicians and industry advocates said could clear the way for a conference with the Senate to produce a bill through 2013.

U.S. Bank NA on Tuesday notified holders of the Connector 2000 Association Inc.’s 2011 toll revenue term bonds that an exchange of bonds will take place around May 31.

The Alabama Senate last week passed a bill that would authorize the issuance of $650 million of revenue bonds for highways, roads and bridges.

DALLAS — The Houston Airport System's plan for a $100 million expansion of William P. Hobby Airport hit some turbulence this week as City Council members expressed opposition to a study backing the move on behalf of Southwest Airlines.

Moody’s Investors Service last week upgraded Ohio’s Columbus Regional Airport Authority to A1 from A2 based on its stable financial and operating performance, among other factors.

Virginia Gov. Robert McDonnell announced that the commonwealth has obtained all of the funds needed to proceed with its Elizabeth River Crossings project, including the full $300 million that the Virginia Department of Transportation has committed to the $2.1 billion public-private partnership.

BRADENTON, Fla. — South Carolina federal bankruptcy Judge David Duncan last week approved a plan allowing investors who want to trade their Connector 2000 Association term bonds to exchange them.

BRADENTON, Fla. — The Kentucky Legislature Monday begins a special session called by Gov. Steve Beshear after legislators failed to pass a transportation budget last week.

The New York Energy Highway Task Force, appointed by Gov. Andrew Cuomo to implement the energy highway initiative, issued a request for information on April 11.

The country's largest mass transit system will go to market with $600 million of transportation revenue bonds on Tuesday, with retail pricing on Monday.

WASHINGTON — The U.S. Department of Transportation has approved a $422 million TIFIA loan for construction of a new midtown tunnel and rehabilitation of existing tunnels in Norfolk and Portsmouth, Va.

Pennsylvania's Senate will consider legislation enabling public-private partnerships for bridges and roads when it reconvenes April 30.

WASHINGTON — A recently released Fitch Ratings report projects a sharp increase in the use of "managed" or HOT lanes on highways, but warns that such toll lanes will be more volatile than traditional toll roads because they are located next to non-toll roads.

After years of stops and starts on a $5.3 billion elevated rail system first conceived 45 years ago, the 20-mile Honolulu transit project appears to be rolling along.

The Alaska Senate passed a a $2.6 billion capital budget Wednesday that includes $450 million of bonds.

BRADENTON, Fla. — As Atlanta plans to open its new $1.4 billion international terminal next month, the city is moving forward with other projects at Hartsfield-Jackson Atlanta International Airport.

Two of Texas' most congested cities — Houston and Austin — are moving forward with managed toll lane projects after identifying sources of funding from the Texas Department of Transportation.

The Pennsylvania Turnpike Commission is selling $224 million of bonds to finance its payments to the Pennsylvania Department of Transportation, which finances a variety of highway, bridge and transit capital projects.