Fitch Ratings has scheduled a webinar on its 2022 Transportation Outlook for tomorrow, January 21, at 11:00 AM Eastern. The moderator will be Scott Zuchorski, Fitch’s managing director for US infrastructure ratings, and presenters will include Scott Monroe, senior director, toll roads. Topics include volume growth and recovery linked to easing of pandemic-related restrictions; the GDP and consumer spending outlook and its possible impact on the transportation sector; and the effect of the federal infrastructure bill. The webinar will be followed by a Q&A session. Questions may be submitted in advance by email.
AASHTO Journal reports on a Transportation Research Board annual meeting session focused on the importance of leadership and employment diversity within state departments of transportation. Dr. Shawn Wilson, Louisiana’s transportation secretary and AASHTO’s current president, reiterated the need to create a “sustainable structure” for equity in the transportation industry, one that establishes “quality in the workplace alongside putting leadership of DEI [diversity, equity, and inclusion] principles in place to address future infrastructure needs.” Participants in the roundtable session emphasized that achieving workforce diversity and inclusion is a necessary step in ensuring that US transportation agencies serve the entire community and avoid decisions that inequitably impact disadvantaged people, including minorities and the poor.
NJ.com reports, Diane Gutierrez-Scaccetti’s term as president of IBTTA has begun. She was elected to the position last October. In addition to serving as commissioner of the New Jersey Department of Transportation, Ms. Gutierrez-Scaccetti chairs the boards of the New Jersey Turnpike Authority, the South Jersey Transportation Authority and NJ Transit.
IBTTA announced that the other members of its 2022 leadership team are Bay Area Toll Authority and MTC executive Andrew Fremier (first vice president); Attica Tollway Operations Authority CEO Bill Halkias (second vice president); ASFINAG executive René Moser (international vice president); and Pennsylvania Turnpike Commission CEO Mark Compton (immediate past president). Halkias also serves as president of the International Road Federation.
Business Standard reports, India’s Paytm Payments Bank announced yesterday it issued 451,463 FASTag transponders last month, an 11.33 percent increase over November 2021’s total, and it claims to now hold a 28.2 percent share of the FASTag market. The firm attributes its success to the fact that its FASTag accounts are linked to customers’ digital wallets, eliminating the need to create a separate payment mechanism. Paytm FASTags are accepted at over 200 national and state highway toll plazas.