Daily News Briefs, April 1, 2020

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AECOM Puts Former MTA and PANYNJ Executives in Metro New York Leadership Roles

The Bond Buyer (subscription required) reports, “Two longtime transportation leaders are looking to spearhead major infrastructure needs facing the New York City region amid an uncertain federal funding climate. AECOM . . . tapped Tom Prendergast and Denise Berger to head its New York City leadership team. Prendergast . . . spent more than 25 years at the Metropolitan Transportation Authority, most recently as the agency’s chairman and CEO. Berger . . . spent 32 years at the Port Authority of New York and New Jersey, culminating in a chief of operations role with the authority’s engineering department.”

AECOM Appointments-Promotions-Retirements Metropolitan Transportation Authority (MTA) New York New York City Port Authority of New York and New Jersey (PANYNJ)


Florida's I-95 Vehicle Checkpoint Caused Weekend Traffic Jam

WTLV reports, FDOT was forced into temporarily suspending I-95 vehicle checks on Sunday when miles-long traffic backups occurred at the Georgia-Florida border. Last week, Florida’s governor directed FDOT and state police to staff checkpoints at several border crossing points as part of an effort to stem the spread of COVID-19.

Florida Florida Department of Transportation (FDOT) Highway and Bridge Safety (Including COVID-19 Impacts)


Fitch Conducts Ratings Review of Mexican Toll Roads

Fitch Ratings announced the results of a portfolio review of Mexican toll road ratings conducted under the “current challenging scenario of the coronavirus pandemic and the expected drop in traffic volumes and revenues for this kind of assets, as a consequence of the potential traveling restrictions and a depressed economic activity.”

Fitch Ratings Investment Ratings Mexico


These are just some of the toll industry developments TRN is following.

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