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Joe Waggoner

Tampa-Hillsborough Expressway Authority gets credit ratings boost, praise for “conservative approach”

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The Tampa-Hillsborough Expressway Authority’s financial outlook got a little brighter Tuesday after a major bond credit rating agency boosted its rating. Moody’s Investors Service bumped the expressway authorities credit rating from A3 to A2 and said it expects the authority’s “conservative approach to undertaking additional projects and debt” to keep it stable. “The upgrade to A2 reflects significant increases in traffic and revenues, which have broadened THEA’s traffic base by over 20 percent and driven meaningful improvements in financial margins…

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Tampa highlights connected vehicle pilot program at Florida Automated Vehicles Summit

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Self-driving cars on Florida roads may be closer to reality than many people think. Autonomous and connected vehicles (CV) in the Tampa Bay area was one of the leading topics of the third annual Florida Automated Vehicles Summit, held in Jacksonville Tuesday and Wednesday. The summit will highlight the newest innovations in driverless cars, which are part of the Florida Department of Transportation’s stated goal to “serve the people of Florida by delivering a transportation system that is fatality and congestion free.”…

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Tampa Expressway Authority awarded first phase of funding for connected vehicle pilot program

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Earlier this year, a national organization rated the Tampa Bay area  as 11th  in the nation for traffic congestion. Obviously, the region has problems with traffic, which is perhaps why St. Petersburg state Sen. Jeff Brandes called it a “game-changer” today in describing what could be a $17 million contract that the Tampa-Hillsborough Expressway Authority (THEA) was awarded by the U.S. Department of Transportation to conduct what is known as a “Connected Vehicle” pilot program. It’s designed to make transportation safer, smarter and more energy efficient…

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Showdown on Tuesday at the Hillsborough County MPO

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This Tuesday at 5:30 p.m., the Hillsborough County Metropolitan Organization will  meet with a lot on the line. The MPO board will hold a public hearing on its priorities with the Transportation Improvement Program (TIP), which includes the Tampa Bay Express (TBX), the controversial proposal by the Florida Department of Transportation that would install toll lanes on I-275 in the Tampa Bay area. Because of public interest, the MPO recently announced that it will move the meeting from the 26th floor of…

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