- Fitch Issues Its Latest US Toll Roads Peer Review
- Kapsch Installs And Maintains Basque Capital's Traffic Management System
- WSDOT Engineers Probe Cold Weather's Effect On Tolling Equipment Functionality
- These are just some of the toll industry developments TRN is following.
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Fitch Issues Its Latest US Toll Roads Peer Review
Fitch Ratings today released an updated peer review of the US toll roads it rates. “The report exhibits 12 figures and ratios calculated from annual audited financial statements or from supplemental data received directly from the toll roads, along with select forward-looking metrics reflecting Fitch’s base and rating case analysis.” According to an accompanying news release, Fitch finds that the rated entities, which are financed with debt primarily secured by toll revenues, “are on a positive trajectory.” It notes that since issuing its previous review, it has taken only positive rating actions on the analyzed facilities and positively revised the Rating Outlook on five entities. “An overarching theme for the sector across the board has been strong and sustainable traffic,” Fitch states.
Economic & Social Considerations Affecting Transportation ETC Systems Fitch Ratings Investment RatingsKapsch Installs And Maintains Basque Capital's Traffic Management System
Kapsch TrafficCom spotlights its new four-year contract to oversee the traffic management system of Vitoria-Gasteiz, capital city of the Basque Autonomous Community in Spain. The agreement, valued at 4 million EUR (about 3.6 million USD), entrusts Kapsch with the installation, operation and maintenance of the system’s software and hardware. “A key aspect is also the efficient use and processing of data collected by various traffic measuring devices, cameras, and other sources for monitoring traffic conditions. This data is used for diagnostics and providing information about urban services and mobility, both internally and through radio, web, and social networks.” Javier Aguirre, CEO of Kapsch’s Spanish subsidiary, comments, “To enable sustainable and safe traffic for the future, the digitization of traffic management is a crucial lever for authorities.”
Information Technology Resources and Acquisitions Intelligent Traffic Management Systems Kapsch SpainWSDOT Engineers Probe Cold Weather's Effect On Tolling Equipment Functionality
KIRO Radio reports, WSDOT tolling operations returned to normal yesterday after an interruption caused by several days of “severe cold” that affected I-405 and SR 167 collection equipment. A department source said the likely cause was freezing of fiber optic cables. KIRO adds, “What’s odd is the deep freeze only impacted 405 and 167 and not [tolling of the SR 99 tunnel or the SR 520 bridge]. WSDOT isn’t sure why only certain cables were impacted. Engineers are searching for the reason. The 167 tolling system has had cold weather issues in the past.”
ETC Systems Express Lanes Good To Go! Toll System Seattle Metro Area Washington State Washington State Department of Transportation (WSDOT)These are just some of the toll industry developments TRN is following.
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