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5/9/2008
Toll Hikes Used to Boost Foreign Company ProfitsNorth American motorists pay extra to cover the losses at a Spanish toll road giant.
Drivers in North America are paying higher fees to cover the red ink of a Spanish infrastructure firm. Global toll road giant Cintra announced yesterday that its first quarter revenue had jumped 15.3 percent thanks in part to toll hikes on roads in the US, Canada, Chile, Ireland and Spain. Despite collecting 881 million Euros (US $1.4 billion) from drivers last year, the company failed to make a profit. The company lost 16 million Euros (US $25 million) in the first quarter of this year.
Duri ...
5/9/2008
Missouri: Red Light Camera Mayor FreedSt. Peters, Missouri mayor who solicited a red light camera bribe from Redflex is released from federal prison after serving one year.
5/8/2008
Colorado: Freeway Photo Radar ApprovedColorado approves freeway speed cameras. Creates possibity of ticket for failing to move over for photo radar van.
5/7/2008
Texas: Toll Road Spends Half-Million For Employee PerksNorth Texas Tollway Authority spends $472,875 on an advertising kiosk that came with free sporting tickets for key employees.
5/7/2008
UK: Man Ticketed While Helping Suffering WifeRetired Cumbria, UK man faces court hearing for driving 5 MPH over the limit while his wife suffered epileptic seizure.
