Transportation

  • January 29, 2013

    Obama Signs $50.5B Sandy Aid Bill: Report

    President Barack Obama on Tuesday reportedly signed a $50.5 billion aid package for victims of Superstorm Sandy, a day after the U.S. Senate approved the measure to provide short- and medium-term funds to aid recovery from a natural disaster that looks to be among the costliest in U.S. history.

  • January 29, 2013

    Civil Rights Claim Nixed In $1.7B Milwaukee Highway Row

    A Wisconsin federal judge on Tuesday trimmed a lawsuit that skewers the federal government for a $1.7 billion Milwaukee highway project that civic groups said will amplify racial segregation, noting the groups cannot invoke environmental law to enforce the Civil Rights Act.

  • January 29, 2013

    NJ Bill Would Nix No-Bid Contracts For Port Authority

    Two New Jersey lawmakers on Monday proposed legislation that would require authorities including the Port Authority of New York and New Jersey to award contracts for professional services using a competitive bidding process.

  • January 29, 2013

    US Transportation Chief LaHood Announces Departure

    U.S. Transportation Secretary Ray LaHood on Tuesday became the latest member of President Barack Obama's cabinet to announce that he would step down, though he said he will continue to lead the Department of Transportation until his successor is confirmed by the U.S. Senate.

  • January 28, 2013

    Senate Vote Finally Puts $60B Total Sandy Aid On Track

    The U.S. Senate on Monday approved $50.5 billion in short- and medium-term funds to help the Northeast make repairs after Superstorm Sandy, capping a month-long legislative drama in Washington, D.C., over more than $60 billion in total aid.

  • January 28, 2013

    Volvo To Fork Over $890M For Chinese Truckmaker

    Volvo AB will pay 5.6 billion Chinese yuan ($891.6 million) for a hefty minority stake in Dongfeng Motor Group Co. Ltd.'s commercial truck manufacturing unit, it said Saturday, a move that will make Volvo the world's largest supplier of heavy-duty trucks.

  • January 25, 2013

    Allied Creditors Move To Bury Owner Yucaipa's Claims

    Creditors of Allied Systems Holdings Inc. launched an adversary complaint Friday in Delaware bankruptcy court seeking to subordinate the claims of the debtor's private equity owner Yucaipa Cos. Ltd. to those of other lenders and recover damages from Yucaipa's billionaire head Ron Burkle, among others.

  • January 25, 2013

    Senate Dems Push For Ambitious Infrastructure Overhaul

    A national infrastructure bank and increased investment in railroads, ports and America’s electric grid were at the top of the wish list when the U.S. Senate Democrats unveiled their agenda for the new congressional term last week.

  • January 23, 2013

    Google's Campus Bridge Plans Remain On Hold

    Mountain View, Calif.'s city council said Tuesday that Google Inc. needs to hold more public discussions and wait for a transportation study before the city gives the company approval to start an environmental review of its proposal to build bridges linking two Google campuses.

  • January 23, 2013

    Philly, US Airways OK Airport Lease Extension, $734M Reno

    US Airways Group and the city of Philadelphia on Tuesday said they agreed to extend the airline's lease at Philadelphia International Airport an additional two years in a deal that also allows US Airways to pump $734 million into capital investments at the airport.

  • January 22, 2013

    Insurers Lose More Ground In Arbitration Clause Debate

    The Washington Supreme Court ruled Thursday that a state law forbids insurers from requiring arbitration of coverage disputes, adding to a growing consensus that the McCarran-Ferguson Act lets states sidestep a federal law favoring arbitration when it comes to domestic insurance contracts, experts say.

  • January 18, 2013

    Fla. Gov. Promises $13M For Fort Lauderdale Port Upgrade

    Florida Gov. Rick Scott on Thursday committed $13 million for improvements to Port Everglades and also broke ground on the nation's only on-port international and domestic cargo rail facility there, saying the projects will keep the state competitive in attracting international business and help add upward of 135,000 jobs.

  • January 17, 2013

    Texas Rep. Wants Oil, Gas Taxes To Pay For Shale Play Roads

    A Texas lawmaker on Wednesday proposed legislation designed to defray road construction and repair costs in counties where bustling oil and gas development has strained the limits of infrastructure, through the creation of transportation districts and diversion of tax revenues.

  • January 17, 2013

    NJ Panel Passes Transportation Infrastructure Measure

    A New Jersey Assembly panel passed legislation Thursday that would establish a state transportation infrastructure bank to leverage public and private investments to finance capital projects supporting the long-term overhaul of New Jersey's transportation network.

  • January 16, 2013

    NY Inked $256M In Sandy Repair Contracts, Comptroller Says

    Businesses and agencies have received $265 million in state contracts to rebuild after Superstorm Sandy, “a small portion of the total recovery cost,” New York's comptroller said Wednesday, a day after the U.S. House of Representatives passed $51 billion in storm aid.

  • January 15, 2013

    DC Circ. Sides With EPA Over Engine Emission Rules

    The D.C. Circuit on Tuesday rejected a trade group's attempt to force the U.S. Environmental Protection Agency to broaden a Clean Air Act provision so that state emission standards for marine, locomotive and other nonroad engines would be preempted, saying the petition came too late.

  • January 15, 2013

    Norton Rose Adds Infrastructure, Finance Team In Bogota

    Norton Rose LLP snagged a team of attorneys from Colombian firm Holguin Neira & Pombo to bolster its Bogota office’s project-focused practice areas, including infrastructure, finance, maritime and aviation, Norton Rose said Tuesday.

  • January 14, 2013

    Fla. Gov. Earmarks $36M For Port Navigation Fix

    With the federal budget still in question, Florida Gov. Rick Scott on Monday promised $36 million in state funding to fix a navigational issue at the Jacksonville port, a project that had previously depended on federal funding.

  • January 14, 2013

    Pinnacle Gets 90 More Days To File Chapter 11 Plan

    A New York bankruptcy judge on Monday gave Pinnacle Airlines Corp. an extra 90 days to file a Chapter 11 reorganization plan following "intense" negotiations with a pilot union and a fast-approaching Jan. 25 deadline to finalize deals with pilots and creditors.

  • January 10, 2013

    Pa. House Dems Push Transit Investment To Fix Funding Gap

    Pennsylvania House Democratic leaders on Wednesday introduced legislation aimed at creating a long-term plan for funding the state's roads, bridges and transit systems, which face a funding gap expected to reach $7.2 billion by 2021.