FedEx reported a quarterly loss of $1.97 billion for the fourth quarter, and company officials say profits will continue to decline in light of a decision to drop a contract with Amazon and a slowing global economy. The company is delivering packages six days a week and will begin delivering all seven days in January.
IBTTA has been working for years to maintain relationships with opinion leaders and third parties that are one step removed from tolling and transportation. "I like to remind people that we're not tolling for the sake of tolling... there's always a reason for it. Tolling is a mechanism, and all of those reasons add up to mobility -- trying to get people from where they are to where they want or need to be," said IBTTA president Chris Tomlinson.
Utah is poised to test a road usage charge program that will give drivers of electric or hybrid vehicles a choice between paying the current flat road usage fee or a fee based on their actual miles driven. Oregon already uses a similar system and California and Washington have tested their own versions.
The Port Authority of New York and New Jersey has unveiled plans to raise tolls on its bridges and tunnels. The increases are part of a larger restructuring of transportation services prices aimed at keeping up with inflation and funding more than $30 billion in capital projects over the next 10 years.
Columbus, Ohio, has chosen Kapsch TrafficCom to oversee the Smart Columbus Connected Vehicle Environment infrastructure integration, which is due to launch in July 2020. The CVE allows vehicles, traffic signals and smart traffic components to communicate with one another about potential hazards and ease the way for emergency vehicles.
The Oklahoma Turnpike Authority has approved an average 2.5% toll increase for drivers who pay their tolls with cash, with the new prices set to go into effect July 15. PikePass customers will not be affected by the price increase.
Oregon Gov. Kate Brown has signed a bill to expand the OReGO voluntary road usage charge program, which assesses a per-mile charge rather than a flat road-usage fee to participating drivers of fuel-efficient and electric vehicles. The new law allows an unlimited number of qualified vehicles to be registered in the program and also provides for fee increases that keep pace with fuel tax hikes.
The Wisconsin Assembly has approved its version of the state's budget, which includes provisions to increase town road funding by $5 million and conduct a study of mileage-based fees and toll roads.
The US House of Representatives has passed a bill aimed to split Verrazzano Bridge's one-way $19 fee into two $9.50 tolls to reduce toll shopping and congestion on the Brooklyn to Staten Island bridge. The New York City bridge is the only one in the nation where the tolls are federally mandated.
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