Transportation industry

The second bankruptcy of the Las Vegas Monorail was much smaller than the first, and bondholder Preston Hollow LLC is getting paid a full $22 million.

The twin ports of Southern California, in Long Beach and Los Angeles, both reported record numbers this fall.

Bridge funding from a lame-duck Congress could help plug operating deficits and stave off doomsday measures, agency leaders insist.

Task forces studying three proposed toll road projects failed to conclude if there is a need for the new corridors or modifications of existing roads.

The bipartisan plan unveiled Tuesday by Senate and House lawmakers includes $160 billion for state and local governments, $82 billion for schools, $15 billion for transit agencies, and $4 billion for airports.

Oahu's 20-mile rail project could lose $250 million in federal funding if the Federal Transit Administration doesn't grant an extension.

Florida’s privately owned passenger train company, which halted service citing the coronavirus pandemic, is bringing $950 million of nonrated private activity bonds.

The Regional Transportation District will issue $340 million for Denver Transit Partners, the concessionaire of three Denver-area commuter rail lines for RTD.

Without more federal relief, the Illinois Regional Transportation Authority's service boards warn of devastating service cuts, layoffs and fare hikes.

Selling in a week with an expected light calendar should help the deal as will market fundamentals.

MTA officials revealed dark budget-and-service cut scenarios and Mayor Bill de Blasio closed in-person public schools, actions likely to ripple through the city's economy.

Neal Zuckerman, a New York MTA board member, tells The Bond Buyer's Paul Burton how takeaways from that era relate to today's transit funding crisis. "History doesn't repeat itself, but it rhymes." (24 minutes). Recorded Oct. 30.

Infrastructure investment is likely going to be an early priority for Biden.

The comptroller said the Taxi Workers Alliance proposal puts a floor under loan losses by guaranteeing city purchase of any defaulted medallions.

There is a pervasive belief that Joe Biden is likely to be more effective reaching across the aisle than Donald Trump.

Skanska and its Elizabeth River Crossings partner, Macquarie Infrastructure Partners, will sell the concession to an Abertis Infraestructuras S.A.-led venture.

MBTA officials insist the moves, which include a capital-to-operating budget shift, are necessary to help seal a coronavirus-related $579 million operating gap.

The move would not resolve structural budget gaps, according to the rating agency.

California will give the private activity bond capacity granted to the high-speed rail project to affordable housing projects and other qualifying ventures.

The Florida Department of Transportation extended the suspension of Garcon Point Bridge toll collections because it is being used as a detour.