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Keyword: transcore

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  • Private Toll Operators Salivate Over Donald Trump’s Infrastructure Plan

    06/11/2017 11:05:39 PM PDT · by Tolerance Sucks Rocks · 129 replies
    The Intercept ^ | June 6, 2017 | Lee Fang
    Investors are hoping to seize upon the $1 trillion infrastructure plan proposed by President Donald Trump to transform the nation’s highways, bridges, and tunnels into assets they can monetize by adding tolls and other user fees.The Trump infrastructure plan, which the administration plans to roll out this week, is centered on the idea of “asset recycling,” which refers to the process of securing new infrastructure spending by leasing the operations of existing public property to private operators.The privatization-centered scheme has the nation’s largest toll operators salivating. Transurban, Cintra, and TransCore, three major toll operators, have retained federal lobbyists to influence...