Tolling - a way ahead for the US?

IBTTA president Frank McCartney has urged US Congress to remove the barriers to tolling and expand the TIFIA program.
February 17, 2012 Read time: 1 min
2793 IBTTA president Frank McCartney has urged US Congress to remove the barriers to tolling and expand the TIFIA program. "Giving states the flexibility to consider tolling is even more critical now when federal and state revenues are constrained, funding needs are huge, and most public officials will not consider raising the gas tax," McCartney said. "Removing the barriers to tolling would encourage states to begin the massive effort of reinvesting in our system. That investment, in turn, would create jobs and improve the economy."

Emphasising the significance of tolling, McCartney noted that US toll agencies collect some US$10 billion in tolls annually, equal to one-third of annual federal fuel tax revenues. The TIFIA program - Transportation Infrastructure Finance and Innovation Act - provides federal credit assistance in the form of direct loans, loan guarantees, and standby lines of credit to finance surface transportation projects of national and regional significance.
Highway & Network Management

For more information on companies in this article

Related Content

  • US highway bill
    August 13, 2012
    After long delays the US Government has finally signed its highway reauthorisation bill. “This is a good, bipartisan bill that will create jobs, strengthen our transportation system and grow our economy,” said US transportation secretary Ray LaHood. “It builds on our safety efforts. The bill also provides states and communities with two years of steady funding to build the roads, bridges and transit systems they need.” Funds for transportation projects will come from the Highway Trust Fund as well as genera
    Read More
  • Make the case for electronic tolling, ASECAP conference delegates heard
    September 14, 2015
    Mobility pricing and electronic tolling is the future, delegates to a recent ASECAP Study Days conference, reports Geoff Hadwick at the Lisbon event. The international road tolling industry is failing to make its case and the sector is losing out to other social and political lobby groups. As a result, “tolling is still on the sidelines”, according to the head of the Washington-based International Bridge, Tunnel and Turnpike Association. IBTTA chief executive Pat Jones issued his stark warning at the
    Read More
  • ARTBA encouraging new highway funding sources
    February 9, 2012
    The American Road & Transportation Builders Association (ARTBA) says that to tackle the funding gap for US highways, a different approach is required.
    Read More
  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel
    Read More

Highlighted Content