Moody’s Raises Questions about Future NJ Turnpike Toll Hikes, Impact on Traffic

NJ.com reports, “The New Jersey Turnpike Authority has hiked tolls higher than the rate of inflation since 1990, which will make it harder to push future toll increases on drivers without losing traffic, according to an analysis by a major financial rating service. That  analysis by Moody’s Investor’s Service also expressed concern that the state will turn to the Turnpike Authority again as a source of cash to help bail out the ailing Transportation Trust Fund.”