Public-Private Partnerships
Carlyle Group’s New Infrastructure Public-Private Partnership: Donuts
As the federal deficit squeezes the Obama administration's options for financing ambitious new infrastructure projects, public-private partnerships (PPPs) are gaining currency as a possible solution. And in an illustration of PPPs' potential, the $86 billion private-equity firm Carlyle Group yesterday struck a deal with the state of Connecticut to run ... 23 highway rest stops.
November 20, 2009
Amtrak, Virginia Railway Express, and the Future of Privately Run Transit
Virginia Railway Express (VRE), the commuter network that links northwest Virginia to Washington D.C., today refused a challenge by Amtrak to its decision to switch operating providers to the U.S. arm of Keolis, a private French transit company.
November 4, 2009
Transit Outsourcing Booms — But Are There Safety Trade-offs?
The Wall Street Journal reports today on the growing number of cities around the country that are in talks to outsource local transit systems to cope with the budgetary pressures of the recession.
July 13, 2009