Daily News Briefs, August 31, 2021

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S&P Global Foresees Favorable Outcomes From Proposed US Infrastructure Spending

Fox Business reports, S&P Global’s economics group has issued a report projecting that a $1 trillion federal investment in infrastructure projects, as proposed in the Infrastructure Investment and Jobs Act, would create more in economic activity than it would cost, create 883,600 jobs by 2030, and boost both per capita income and private sector productivity.

Infrastructure Investment Trends S&P Global Transportation and Infrastructure Research & Development US Gov't Transportation Funding US Infrastructure Funding And Financing Initiatives

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Workers Remove The Last Obsolete NY Thruway Toll Plaza

New York Governor Governor Kathy Hochul (D) announced yesterday that Cashless Tolling Constructors, LLC, is now removing the last obsolete tollbooths from the New York State Thruway, and characterized the work as “a historic and significant milestone in the $355 million Cashless Tolling Design-Build Project.” After demolishing the Exit 60 (Westfield) facility, the company will have completed the elimination of 52 toll plazas, including 230 individual toll booths, in less than a year. Exit realignment and road reconstruction is continuing at interchanges across the thruway and is on schedule to be completed by the end of October, weather permitting. (The governor’s news release includes demolition video.) (Link inserted by TRN)

AET (All-Electronic Tolling) ETC Systems Highway and Bridge Maintenance New York New York State Thruway Authority

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

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