December 29, 2014

News

NJ: PATH could be targeted for privatization, service reduction under Port Authority plan embraced by governors. A report by the Port Authority that’s supported by the governors of New York and New Jersey floats the idea of eliminating overnight PATH service and turning over the system’s operation to an outside organization — public or private. Those ideas, along with others in the 99-page report that was released Saturday night, were slammed today by Jersey City Mayor Steve Fulop, who said curtailing service on one of the region’s most vital transportation links would hurt not just his city’s economy, but the state as a whole. NJ.com

IN: Some Toll Road employees may land bankruptcy bonus. The Indiana Toll Road’s private operator is asking a federal bankruptcy judge for permission to pay 38 of its employees up to $748,000 in retention bonuses. nwitimes.com

When good toll roads go bad. Northern Indiana is not the first region in the nation to be subject to fallout from a toll road bankruptcy, with a number of other privatized roads and bridges going belly up across the nation in the past few years. The good news is those roads have continued to carry traffic with little disruption. The bad news is there is usually little communities can do to influence the bankruptcy process, except in cases where roads revert to government ownership. nwitimes.com