Transportation

U.S. Rail Agencies Expected to use more P3s

As demand for mass transit rises, American Public Transportation Association policy VP Art Guzzetti predicts that more transit agencies will utilize public-private partnerships. “This is a very popular topic in transportation because the private sector is doing a lot of good things and there are more examples of public-private partnerships to take off on,” Guzzetti told Progressive Railroading.

Small airports have big impact on local, regional economies throughout U.S.

Some tend to overlook a significant economic driver for many less-populated areas of the country – regional general aviation airports. While these airports are small compared to those found in major cities, their economic impact is extremely significant. 

In fact, the general aviation industry generates $219 billion in total economic input and contributes $109 billion to the nation’s gross domestic product. The airports support 1.1 million jobs and allow America’s smaller communities to attract business and tourism.

Chicago-area Metra Rail Service enters P3 to test new pilot project

Commuter railroad Metra will reportedly partner with leaders from Lake County, Illinois, to split the cost of two new reverse-commute trains and a universal crossover near Lake Forest. Metra's Board of Directors still need to approve the agreement, which has been in development since April and will outline an expected two years of work.

Read more here.

Public-Private Partnership Enables Rideshare Pilot in Los Angeles

FASTLinkDTLA, Downtown LA's transportation management-focused public-private partnership, and moovel, the leading provider of mobile ticketing applications in North America, announced on Oct. 2 the launch of a new ridesharing pilot that will complement the city's public transit network. To ensure the service is available to all and grows to meet the needs of the community, FlexLA will charge a reduced fare during the pilot.

PennDOT Seeking P3 Proposals

The Pennsylvania Department of Transportation recently put out a call for unsolicited public-private partnerships proposals relating to transportation or infrastructure. “We pride ourselves on our innovative approaches to transportation solutions,” PennDOT Secretary Leslie S. Richards told TribLIVE.

Delaware's Port of Wilmingon to be Developed and Operated through P3

The State of Delaware has turned to the private sector to redevelop the 100-year-old Port of Wilmington. Gulftainer, a subsidiary of Gulftainer Company Limited, has partnered with the state and will handle operations and development responsibilities for the port. Gulftainer is expected to contribute up to $584M in investments to the Port.

Read more here.

AT&T and Los Angeles begin developing Smart Cities Public-Private Partnership

AT&T and the City of Los Angeles are looking to team up to make LA one of the smartest cities in America.

To foster the creation of a Smart City, AT&T and LA are in talks regarding a public-private partnership. With Internet of Things (IoT) technology and support for the deployment of small cell technology, the telecom will work with the city on ways to address the problems that matter most to the people that live, work, and visit there.

Port Infrastructure Redevelopment is a Major P3 Opportunity

Strange as it might seem, the threat of administration-imposed tariffs has not slowed investment in America’s ports. The extremely large megaships are coming through the Suez Canal headed to America and U.S. ports will be ready.  Most are already engaged in making upgrades, performing maintenance, expanding to facilitate the larger ships and constructing new storage facilities. Many have already deepened shipping channels, built new locks and invested in larger cranes and other facilities.

Subscribe to Transportation