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Lending Slow in Rough Economy

Transport Topics recently published an article by Steven Dutro, “Carriers in the New Lending Enviroment”. View the entire article.

Batts Analyzes the Credit Crunch

Traffic World quoted Lana Batts on the how the credit crunch is also affect efforts to privatize the nations highways and bridges. She noted that the same factors impacting the housing credit (less money, higher rates, more difficult covenants) are also impacting efforts of USDOT and state DOT efforts to secure private equity investment in highways and bridges. Money has become more difficult to secure because highway officials can neither guarantee revenues nor expenses.