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Transportation Outlook Stable, Declares Fitch

The 2014 outlook for airports, ports, and toll roads is stable despite tepid growth, according to a new Fitch Ratings report. 'The growing use of Public Private Partnership, or P3, transactions to construct new or expand existing projects is largely motivated by limited resources at the state and local level, combined with uncertainty on future federal funding levels,' said Scott Zuchorski, Director in the Global Infrastructure Group. The outlook for U.S.