RECORD petrol prices have not damaged Australian toll-road revenue after figures from operator Transurban revealed a jump in coffers for the June quarter. Toll and fee revenue from the road company's largest asset, Melbourne's CityLink road, jumped 9.7 per cent to $94.1 million for the quarter while traffic over the last financial year delivered $362.8 million. Join discussion...

3pm today (Friday May 16) was the deadline for best and final offers for a 75 year lease concession on the Pennsylvania Turnpike. Before he had seen the final bids an official who knew about last week's initial round of bids said he expected the final offer today would be "better than Act 44 revenues but not by a great deal." Join discussion...

The Wall Street Journal's MarketWatch service is reporting that groups led by Abertis and Goldman Sachs are the only two remaining bidders for the 75 year lease concession on the Pennsylvania Turnpike. The third group comprising Cintra and Macquarie - two of the most aggressive bidders in past concession procurements - are out. Join discussion...

Standard & Poor's Ratings Services said it has revised the outlook on its 'BBB+' corporate credit ratings on Transurban Finance Co. Pty Ltd. to stable from negative, citing the Australian toll-road operator's improved financial risk profile. Join discussion...

Transurban Group Ltd and Macquarie Infrastructure Group Ltd's quarterly traffic revenues have taken a hit from the Easter holiday period as commuters stayed off the road. Join discussion...

Transurban, a leading international toll road investor and manager, is taking an important step in increasing its focus in the Southeast region of the U.S. with the opening of its fourth U.S. office, located in Atlanta, Georgia. Transurban's new office will be led by seasoned transportation expert, Bill Berry who joins as Vice President of Market Development for the Southeast United States. In this new role with Transurban, Mr. Berry will focus on bringing congestion relief by developing new market opportunities in Georgia, Florida, North Carolina, South Carolina, and Alabama. Join discussion...