By on July 28, 2014

New Mexico bridge ramp construction

Alongside 11 former U.S. Department of Transportation secretaries, current secretary Anthony Foxx urged both houses of Congress to find a long-term solution to the funding of the U.S. Highway Trust Fund beyond what is under consideration at present.

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By on May 30, 2014

Honda FCX Clarity At Shell Hydrogen Fuel Pump

A new gold rush in California is coming to the fore as private and public investments push hydrogen fuel cell technology forward, and the U.S. Department of Energy is the latest to enter the arena.

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By on May 29, 2014

2014 BMW i3 01

Though Chinese consumers have been slow to adopt electric vehicles thus far, BMW believes China will become the largest global market for EVs by 2019 at the earliest.

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By on April 30, 2014

Syracuse Road Construction - Utah DOT

A $302 billion, four-year plan to fund the U.S. Highway Trust Fund — and, in turn, any road and transit projects on the table during the period — was brought before Congress by the Obama administration through the U.S. Department of Transportation.

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By on January 22, 2014

DieterZetscheIAA2009

At a round-table discussion with reporters during last week’s Detroit Auto Show, Daimler CEO Dieter Zetsche proclaimed that any consumer wanting to be green with fuel cells had better be prepared for a decade of disappointment with the technology.

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By on December 10, 2013

autobahn

If you happen to live outside of Germany, you may soon find yourself paying a toll to do your best Burt Reynolds and Dom DeLuise impressions on the Autobahn.

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By on December 2, 2013

2012 Nissan Leaf, Exterior, side 3/4, Photography Courtesy of Alex L. Dykes

Based upon a survey of 1,084 conducted by Boulder, Colo. firm Navigant Research, it would appear most won’t be in the market for EVs anytime soon due to the price of admission being too rich for their blood… for any EV.

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By on February 13, 2013

The U.S. transportation system is in danger of falling apart, and will take down the economy with it, Bill Shuster, chairman of the House of Representatives Transportation Committee, said today while Reuters was keeping notes: (Read More…)

By on October 14, 2011

A top congressional leader on Wednesday made clear his opposition to President Obama’s idea of spending $10 billion to create a national infrastructure bank (view details). The bank, part of the White House jobs bill, would offer public subsidy for the financing of “public private partnerships” — which most often would take the form of a toll road. The chairman of the US House Transportation Committee said at a hearing the president’s plan would not advance.

“A national infrastructure bank is dead on arrival in the House of Representatives,” Chairman John Mica (R-Florida) said. “If you want a recipe to put off job creation, adopt that national infrastructure bank proposal.”

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By on September 15, 2011

Toll roads at one point appeared to be unstoppable. Steady growth in traffic yielded rapidly rising profits, especially for pioneers in the field such as Australia’s Macquarie Bank where executives became so rich from deals that included the leasing of US roads that it was dubbed the “millionaires’ factory.” That all changed when the recession took hold and motorists scaled back on the mileage driven each year. Losses began to mount, and as a report released last week by Fitch Ratings argues, the dynamics for tolling may not improve in the near future.

“Fitch tracks data on toll roads, bridges, and tunnels across its ratings portfolio,” Fitch analysts wrote in the report, Downshifting: US Transportation Reacts as GDP Growth Flattens. “Traffic declined year over year as much as 10 percent during the Great Recession. Sustained positive growth in traffic commenced in February 2010. The most recent Fitch data indicates that growth in traffic volumes began slowly declining on tolled facilities, heading to zero growth in second-quarter 2011.”

(Read More…)

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