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Former U.S. Roads Boss Hoping to Raise $250 Million

(Brian Ethridge – Better Roads)

Former U.S. federal transportation boss Ray LaHood is trying to raise the required $250 million for a U.S. customs plaza for the $2.1-billion Detroit River bridge project.

LaHood, who retired in February 2013, now holds several roles in the private sector including with Caterpillar Inc. and as senior policy advisor for Washington law firm DLA Piper. He spent several years as the transportation secretary with the Obama administration.

“The bridge that goes from Windsor to Detroit, it is being paid for almost exclusively by the Canadian government,” LaHood said, according to Truck News. Read more here.