bridge News Updates

Trailer Bridge Inc.’s third-quarter income fell to $6,876, or zero cents per share, from $1.7 million, or 14 cents, a year ago.

Backers of a proposal for a new publicly owned bridge across the Detroit River to Ontario said the Michigan State Senate will vote on a bill before year’s end to allow a public private partnership to build the span.

Trailer Bridge Inc. reported its second-quarter profit improved to $900,000, or 7 cents per share, from $650,000, or 5 cents, a year ago.

Transportation Secretary Ray LaHood called Canada’s offer to pay up to $550 million for the U.S. side of a proposed new bridge between Detroit and Ontario “quite extraordinary,” the Canadian Press reported.

Trailer Bridge Inc. lost $308,000, or 3 cents a share, in the first quarter, compared with a loss of $768,000, or 6 cents, a year ago.

Backers of a proposed new bridge between Detroit and Windsor, Ontario, are pressing Michigan state legislators to act on measures that could move the project into the design and construction phase as early as this year.

The owner of the Ambassador Bridge connecting Detroit to Windsor, Ontario, has filed suit against the Canadian and United States governments and the U.S. Coast Guard claiming they are trying to get him to sell the bridge and prevent him from building a second span alongside the existing one.

A Michigan appeals court has refused to hear a plea from the owner of the Ambassador Bridge on a lower court ruling that he illegally built toll booths and other facilities on public land on the Detroit side of the span that carriers traffic to Windsor, Ontario.