Toll roads downgraded by bond ratings agency

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Fitch Ratings recently downgraded the outlook for U.S. toll roads from stable to negative. The bond ratings agency cited lower traffic volumes due to volatile fuel prices, economic weakness and inflationary pressures as the reason for its revised forecast.

The report — “U.S. Transportation Assets: Facing a Temporary Decline or a Permanent Change?” — stated that toll roads are experiencing declines in traffic of as much as 16 percent.