An otherwise stable outlook for U.S. transportation infrastructure next year will be clouded somewhat by questions surrounding tax reform, according to Fitch Ratings in its 2018 outlook report. Potential changes in tax, trade and border policies could affect growth for some transportation segments. The Trump administration’s tax reform proposal is a mixed bag according to Cherian George, managing director. “While the tax reform will increase costs for capital improvements for U.S. transportation assets in the near term and may limit issuer options, it would deepen the pool by opening up investments to a larger investor base,” said George.
Source: Logistics Management