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North Dakota DOT closing rest areas, making other cuts due to $69 million shortfall
The North Dakota Department of Transportation will close five rest areas, keep 20 jobs open and cut back temporary employees in order to make up for a revenue shortfall this year. According to the Dickinson Press, NDDOT Director Grant Levi announced the cuts at a recent Transportation Committee meeting, and said they were necessary in […]
February 24, 2016
Roadbuilding
Fitch: Gas tax hike should be paired with other revenue sources to fund transportation
Fitch Ratings released a statement on Tuesday noting that a gas tax increase needs to be paired with another revenue source to provide the necessary funding for transportation projects. Fitch pointed to the recently-proposed 12-cent-per-gallon gas tax hike as a “positive first step to address transportation funding in this country” but added that “raising the […]
June 24, 2014
Roadbuilding
HTF update: DOT holds firm on August shortfall projection
The Highway Trust Fund (HTF) continues to head for a shortfall at the end of August, the U.S. Department of Transportation (DOT) projected Tuesday. In the latest Highway Trust Fund Ticker update, the DOT noted that it anticipates a shortfall around Aug. 30. The Ticker, introduced in January, is updated every month with details about […]
June 17, 2014
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