TransUrban to dispose of U.S. toll road, profits tank 51%

This shows these public private partnership toll road deals are not invincible to economic reality...Americans are struggling to fill their gas tanks, much less pay tolls, too. We need to return to pay as you go, affordable travel once again in America. This shift to PPPs and tolling is unsustainable and unaffordable.

Transurban mulls disposal of U.S. toll road

FY profit down 51% to A$54.9M, distribution guidance disappoints; shares fall 1.5%

By Ross Kelly
Wall Street Journal

SYDNEY--Transurban Group (TCL.AU) said Tuesday it's mulling the disposal of a U.S. toll road that drove a 51% slide in its annual profit and indicated its robust Australian assets aren't invincible to softer economic conditions at home.

The Pocahontas Parkway in the southern part of Virginia state was constructed in anticipation of...

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