Proactive highway widening, maintenance and reinvestment are among the factors that have helped Highway 407 stem recessionary impacts, a company official said last week. Imad Nassereddine, chief traffic operations officer for the 407 ETR Concession Co. Ltd., was speaking at Transport Futures 2009: Road Pricing and Public Acceptance Workshops in Toronto Nov. 12 to 13. Join discussion...

Companhia de Concessoes Rodoviarias (CCR), Brazil's largest road concession operator in terms of revenue, announces its results for the 3rd quarter of 2009. Unless otherwise stated, all financial and operating data herein are presented on a consolidated basis in Reais (R$) pursuant to Brazilian Corporate Law and all comparisons refer to the 3Q08 and 9M08. Join discussion...

Transurban Group, owner of toll roads in Australia and Virginia, rejected an unsolicited takeover offer from Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan. Join discussion...

Macquarie Infrastructure Company LLC (MIC: News ) said its net loss was $18.35 million or $0.41 per share versus a profit of $0.50 million or $0.01 per share in the year earlier quarter, primarily reflecting a net non-cash derivative-related loss of $21.4 million. On average, 3 analysts polled by Thomson Reuters expected earnings per share of $0.53 for the quarter Join discussion...

Spanish infrastructure and toll road operator Abertis beat forecasts with its growth in nine-month profits thanks to new income streams and said it could improve on those figures for the full year. Join discussion...

Australia's leading toll concessionaire Transurban reports toll revenues up a solid 7.6% to A$779m in the financial year ended 30 June, and a stronger increase of 17.8% to A$480m in net earnings before interest taxes depreciation and amortization (EBITDA). Adjusting for one-off items EBITDA of A$583m was an 11.5% increase on the previous financial year. Cost reductions of A$27m were reported achieved. An overall loss of A$25m was reported for FY2009, a solid improvement on FY2008. ($A1.00=84cUS) Join discussion...

IRB Infrastructure, India’s largest toll road operator, plans to venture into areas out of Maharashtra for projects based on a build-operate-and-transfer (BOT) basis. The company has filed for request for qualifications (RFQs) for projects worth Rs 1,852 crore in Rajasthan and Gujarat for the improvement and widening of roads and modernisation of border check posts. According to company presentation at an analyst meet, projects worth Rs 1,352 crore are under RFQ stage with the Gujarat State Road Development Corp (GSRDC) to improve and widen the Bhuj-Bhachau Road and the Nakhatrana–Dayapar–Panendro Road, and four-laning of Sarkhej–Vataman– Bhavnagar Road on a BOT basis. In Rajasthan, the company plans to go for the modernisation and computerisation of border check posts at 13 locations for Rs 500 crore, out of its total Rs 15,186 crore projects under RFQ stage. Join discussion...

Three units of Obrascon Huarte Lain Brasil SA (OHLB3.SA), Brazil's second-largest toll-road operator, won a 792 million real ($378 million) loan from Brazil's government to fund investments in three highways in the nation's southeast and southern regions. Join discussion...

Abertis, the Spanish infrastructure group, on Tuesday unveiled a less-than-expected fall in first-quarter net profit, as acquisitions and steady results at its telecoms business helped offset the impact of reduced traffic on its toll roads and at its airports. The company, which derives half its revenues from outside the recession-hit domestic economy, said net profit for the three months to the end of March was €122m, 9 per cent less than the €134m reported in the same period last year. Join discussion...

A possible merger between Spanish infrastructure group Ferrovial (FER.MC) and its sister company, toll road firm Cintra (CCIT.MC), would solely benefit Ferrovial, Cintra minority investors said on Wednesday Join discussion...