'Despite a difficult winter, U.S. transportation is holding steady at mid-year. That said, positive sector movement is unlikely, though credit-by-credit adjustments may be necessary,' said
Airports are stable and seeing slow growth. Traffic is expected to strengthen through the remainder of the year with international traffic leading the way.
Fitch expects flat to modest improvements in port throughput and revenue stability. Macroeconomic trends continue to affect trade, though overall performance remains mixed, with
For tollroad driving trends at the national level, aggregate vehicle miles traveled may have turned the corner after five to six years of stagnation, according to
For more information, a special report titled '2014 Mid-Year Outlook: US Transportation Infrastructure' is available on the Fitch Ratings web site at www.fitchratings.com.
Additional information is available at 'www.fitchratings.com'.
Source: Fitch Ratings
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