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Hit the Road, Jack—or You Can Lease It
Cruising the Goldman Sachs Turnpike might not be as futuristic as it seems, Time reports, as more states lease highways to private companies to raise quick cash for infrastructure needs. And backlash...
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State Tolls Rising—Some by 50%
As subprime fallout ripples across the country, several states are planning to increase road, bridge, and tunnel tolls, and not by mere pennies, USA Today reports. The George Washington Bridge, for...
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States Consider Leasing Roads as Upkeep Takes Toll
With Pennsylvania legislators set to vote next month on a $12.8 billion deal that would put the 537-mile Pennsylvania Turnpike under private operation, such public-private partnerships are accelerating...
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Investors Eye Airports, Bridges, Roads
Weary of investments infected by the subprime contagion, investors are looking to purchase and operate some more substantial assets: the nation’s bridges, toll roads, and airports, reports the New York...
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