Standard & Poor’s Ratings Services (S&P) has released a report focusing on the current status of U.S. transportation infrastructure—including rail networks, roads, bridges, tunnels, airports, and seaports—and the competition for scarce dollars to fix or maintain them all.

The April 18 S&P CreditWeek Special Report is titled “U.S. Infrastructure: How To Break The Logjam For Funding.”

“We're facing an almost perfect storm,” said Jodi E. Hecht, S&P’s credit analyst in the Infrastructure & Renewable Energy Group. “Gas tax revenues at both the state and federal levels, which fund highway construction, are flat. There's gridlock in the U.S. Congress over long-term transportation funding. The private sector is looking for ways to invest in this sector, but the U.S. public-private partnership model is still evolving. All of this is compounded by a weakened economy rebounding from the recession and the ever-growing need for infrastructure repair and maintenance because of a growing population.”

Topics addressed in the publication include:

* U.S. Transportation Infrastructure Falls Into Disrepair While Washington Bickers Over Funding;

* U.S. Transportation Infrastructure: Increasingly Unpredictable Federal Funding Could Stall Projects;

* Infrastructure Spending Keeps Rails And Trucks Moving In The U.S.; and

* Credit FAQ: Standard & Poor’s Approach To Analyzing U.S. Department of Transportation TIFIA Debt Instruments.

The reports are available here to subscribers of RatingsDirect on the Global Credit Portal. Non-subscribers can purchase copies by calling (212) 438-7280 or sending an e-mail. Ratings information can also be found on Standard & Poor’s public website by using the Ratings search box located in the left column.

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