Transportation industry

Kentucky Gov. Steve Beshear is proposing to fund his state's half of the massive $2.6 billion Ohio River Bridges Project with federal funds and toll revenue bonds over the next six years.

The West Virginia Legislature is considering a plan to ask voters to approve $1 billion of bonds for state road projects, according to the Charleston Daily Mail.

The Virginia Department of Transportation and the office of transportation public-private partnerships have released a request for information to develop a procurement strategy for the state’s five transportation operations centers.

A Louisiana panel studying the tolls on twin state-toll bridges across the Mississippi River in New Orleans has cautioned against removing the fees.

Citing three years of declining passenger counts, Moody's Investors Service downgraded Albuquerque International Sunport's senior debt to A1 from Aa3 and returned the outlook to stable from negative.

The Ohio Department of Transportation warned it was going to have to slice its budget and delay some projects by up to 20 years due to insufficient funds.

The House on Tuesday approved a 23d short-term extension to fund the Federal Aviation Administration for another three weeks, the first step in averting a shutdown and giving lawmakers time to craft a long-awaited multi-year reauthorization bill.

CHICAGO — Fitch Ratings hit St. Louis' public transit agency with a downgrade late last week as it continues to work on details of a debt restructuring and reduction plan planned for next year that would bolster its long-term fiscal health.

The New York City metropolitan region stands to lose billion of dollars through delays in infrastructure projects, the new executive director of the Port Authority of New York and New Jersey said Monday.

WASHINGTON — The acquisition of American Airlines by either of two competitors could result in a negative outlook for small to medium-sized airports, Moody's Investors Service said Monday.

WASHINGTON — A divisive labor issue that had stalled negotiations on a Federal Aviation Administration reauthorization bill has been resolved, and there is now a real possibility that the long-awaited legislation could land on the president's desk before the Jan. 31 deadline.

WASHINGTON — Moody's Investor’s Service is keeping its negative outlook on U.S. toll roads because of rising fuel prices, political hesitancy to increase toll rates, and a sluggish economy.

Facing a federal investigation of past practices, the North Texas Tollway Authority has adopted a new ethics policy that requires extensive disclosure and tighter strictures on conflicts of interest.

Moody’s Investors Service has downgraded the troubled Southern California Logistics Airport Authority’s subordinate tax-allocation revenue bonds to B3 from B1.

BRADENTON, Fla. — The Santa Rosa Bay Bridge Authority in north Florida cancelled its meeting set for Wednesday.

WASHINGTON — A key Virginia lawmaker is sponsoring legislation that would raise nearly $1 billion annually for infrastructure through gas and sales taxes, after warning of a severe budget shortfall for road maintenance near the nation's capital and complaining the governor's transportation plan is only "a drop in the bucket,"

It’s time to get serious about completing Interstate 49 South in Louisiana, and a public-private partnership might be part of the financial solution to the $5.2 billion effort, Treasurer John Kennedy said last week in Lafayette.

Kentucky Senate President David Williams last week expressed concern over the divided work and funding plans that were recently proposed for the $2.6 billion Ohio River Bridges Project.

In speaking engagements around Alabama last week, Gov. Robert Bentley announced that he plans to ask the Legislature to make major changes in the state budget, and to issue $2 billion of bonds for transportation projects.

Minnesota Gov. Mark Dayton last week announced the creation of an advisory task force charged with coming up with ideas to raise revenue for road, highway and bridge projects.