- Despite Reduced Traffic, Work Zone Crashes Are Increasing, Missouri DOT Warns
- Debt-Burdened Indonesia Toll Road Operator Looks At Alternative Funding Measures
- These are just some of the toll industry developments TRN is following.
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Despite Reduced Traffic, Work Zone Crashes Are Increasing, Missouri DOT Warns
Missouri DOT is the latest organization to register concern about “a surge in work zone crashes despite decreased traffic volumes” coinciding with the COVID-19 epidemic. The department announced Tuesday it has recorded 39 incidents of truck/trailer-mounted attenuators (TMAs) being hit in work zones so far this year. “We’ve had a 100% increase in TMA hits at a time when traffic on Missouri roads has decreased by nearly 50% for much of the year,” said MoDOT Director Patrick McKenna. The department attributes the rise in collisions to distracted driving and urges the public to avoid cell phone use and observe the state’s move over law.
Highway-Tunnel-Bridge Maintenance Highway-Tunnel-Bridge Safety (Includes COVID-19 Impacts) Missouri Missouri Department of Transportation (MoDOT)Debt-Burdened Indonesia Toll Road Operator Looks At Alternative Funding Measures
The Jakarta Post reports, “State-owned toll road operator Jasa Marga plans to issue up to Rp 1 trillion (US$68 million) of commercial paper (SBK) with one-year maturity date to provide additional capital, executives say. Jasa Marga’s corporate finance head Eka Setia Adrianto on Wednesday said the company was looking for alternative ways to fund its running projects and toll road maintenance, including with the issuance of bond and commercial paper.”
Company and Agency Financial Issues And Reports IndonesiaThese are just some of the toll industry developments TRN is following.
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