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DEBATES * USA - Fitch gives toll roads a ‘negative’ rating
A firm specializing in financial statistics and economic outlooks has given toll roads and airports a failing grade just a few months after listing them as stable investments
Grain Valley,MO,USA -Land Line Magazine -Aug. 22, 2008: -- ... Fitch Ratings downgraded toll roads and airports from stable to negative in a report released Wednesday, Aug. 20, titled “U.S. Transportation Assets: Facing a Temporary Decline or a Permanent Change?”... Citing months of volatile fuel prices and other economic factors, Fitch analysts said reductions in airport and toll road traffic were widespread but varied around the country... The analysts gave airports and toll roads a stable rating in March... Officials with the Owner-Operator Independent Drivers Association said the report shows that a case can be made against tolling as a philosophy to fund transportation...
Labels: toll roads debate
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