In another example of a struggling toll road attracting no shortage of investors, the poor revenue performance of the San Joaquin Hills Transportation Corridor Agency in Orange County, California has not dissuaded investors, as the returns are high.
Oct 30, 2014 The Wall Street Journal
Millennials are less likely to get driver's licenses, they tend to take fewer, shorter car trips, and they use alternative modes of transportation more than their predecessors. The question for the ages is why.
Oct 15, 2014 The Washington Post - Wonkblog
It wasn't supposed to go this way. When Indiana leased the state's namesake, but failing, 157-mile toll road for $3.8 billion to an Australian-Spanish consortium in 2006 for 75 years, analysts predicted a handsome return for investors.
Sep 22, 2014 Chicago Tribune
Keith Laing of The Hill breaks the news that two influential Republican U.S. Senators predict that the federal gas tax is on its "last legs." It will be replaced with an (unnamed) user fee when the current transportation funding bill expires May 31.
Aug 25, 2014 The Hill
The Great Recession ended in the summer of 2009. Unemployment has fallen and consumer spending has risen, as have most economic metrics save one: vehicle miles traveled. There is a list of reasons why VMT hasn't risen, and perhaps won't.
Aug 25, 2014 Fortune
Something strange is taking place in the City by the Bay. It's not just experiencing a growth in carless households—carless households are actually replacing those with cars.
Aug 18, 2014 S.F. Streetsblog
It's been exactly a year since the state approved a 3-cent increase in the gas tax with hard fought legislation that ties future increases to inflation. However, the automatic indexing of the gas tax may be undone by voters on November 4.
Jul 31, 2014 Tax Foundation
Vehicle-miles-traveled fees made inroads with a potential "no-fee" pilot program in California and a new academic study in Michigan concluding that the state should adopt them. VMT fees may even get some attention in the MAP-21 Reauthorization.
May 20, 2014 San Gabriel Valley Tribune
Last Thursday, House and Senate leaders announced agreement on an $8.2 billion waterways infrastructure bill, and if they have their way, it won't be their last major agreement. On Monday, a successor highway bill (to MAP-21) will be released.
May 13, 2014 The Hill
With driving and oil consumption declining across many developed countries due to long-term structural shifts, Nick Butler sees reason to believe the world will soon reach peak oil demand.
Dec 16, 2013 The Financial Times