Blog Profile / Toll Roads News
| URL : | http://www.tollroadsnews.com/ | |
|---|---|---|
| Filed Under: | Industries / Transportation | |
| Posts on Regator: | 1761 | |
| Posts / Week: | 6.4 | |
| Archived Since: | March 4, 2008 | |
Blog Post Archive
Economics study shows a case for slimmer dimensioned higher laned urban highways
2013-06-17: Economists in southern California find that slimmer slower highways with extra lanes are a better investment in urban areas than the AASHTO standard 'freeway' with 12ft, 3.65m lanes and 10ft, 3.05m shoulders on each side of the two directional roadways. Show More Summary
Pocahontas Parkway turned over to lenders ADDITIONS
The Pocahontas Parkway tollroad in the eastern part of the Richmond VA metro area is being turned over to its lenders by Transurban. The Australia-based toll operator has long written off its equity in the pike. It isn't insolvent or...Show More Summary
Traffic on Maryland's MD200 ICC picking up nicely - growth 32% to 34% over a year
New traffic data for the Washington area Inter County Connector MD200 tollroad shows traffic running about a third higher than a year ago. April traffic at 35,500 vehicles per segment workdays was up 34% over 26,400 of the same month last year. And the first four months of this year were up 32% over the same four months last year. read more Advertisement:
Rise in bond yields is dilemma for toll financing ANALYSIS
2013-06-12: The Wall Street Journal this morning headlines "Global Tumult Grips Markets" and leads with: "The tectonic plates of the world economy are shifting, moving the yield on the 10-year Treasury to the highest level in more than a year and shaking financial markets from Tokyo to Mumbai and Johannesburg to São Paulo." read more Advertisement:
Bus/toll lanes (BTLs) being proposed for Tampa Hillsboro area
2013-06-11: Tampa's toll and transit authorities will be jointly proposing a first bus/toll lanes (BTL) project this fall. Joe Waggoner chief executive of the Tampa Hillsborough Expressway Authority (THEA) said this at a recent meeting of the local metro planning organization. Show More Summary
Foothill/Eastern tollroad in S Cal gets its investment grade ratings for $2.4b refinancing
2013-06-11: The financially challenged Transportation Corridors Agencies (TCA) in southern California have good news in receiving investment grade ratings for the Foothill/Eastern (F/E) 241 toll road operation, the larger and stronger of two they run in Orange County. Show More Summary
Ambassador Bridge company lawyers make strong case that the Canadians have no legitimate franchise to build the Detroit NITC bridge but...
2013-06-10: The Ambassador Bridge company has its lawyers working the US District Court in Washington seeking an order invalidating the US Government's approval for the new toll (NITC) bridge a couple of miles downriver that will be built and financed by the Canadian government. read more Advertisement:
Reason stresses the positive in Indiana Toll Road concession deal
2013-06-09: Indiana Governor Mick Daniels did a great deal for state taxpayers and motorists in gaining $3.8b in mid-2006 when the state went to financial close June 29 2006 on a 75 year lease to Cintra/Macquarie, according to a thinktank report. Show More Summary
Blue Water Bridge Canada former CEO Chrapko "misused funds" with overgenerous severance payments - federal IG
2013-06-07: Blue Water Bridge CEO Chuck Chrapko forced from his job earlier this year was charged by the country's inspector-general this week with misusing public funds in granting two senior staff overgenerous severance packages to the tune of some $650,000. read more Advertisement:
Mobile phone QR code to be used for tolling at Detroit Windsor Tunnel this summer
Motorists using the Detroit Windsor Tunnel will soon be able to use a mobile phone app brandnamed NEXPRESS Pay As You Go(™) The app generates a unique QR-code (see picture nearby) that can be read by a scanner. read more Advertiseme...
Many Maryland tolls up 33% on July 1, others 50%, a few double
2013-06-05: Maryland toll rates are going up by a third July 1, in the second stage of a two-stage set of hikes approved by the MdTA board September 22, 2011. Tolls were previously raised November 1 2011, but before that had been frozen for over a decade. Show More Summary
Will we be driving less? And how should roads be adapted?
2013-06-04:A report by environmental groups declares that "The driving boom - a six decade long period of steady increases in percapita driving - is over." That is old news to most people in the toll business, although state DOTs and...Show More Summary
Toll account management 'apps' allow motorists with smartphones to check balance, make toll payments etc
2013-05-31: North Texas Tollway Authority (NTTA) is offering for free download an 'app' for smartphones that allows TollTag customers to manage their accounts anywhere. read more Advertisement:
Ohio, Harris Co rated most solid pike debt in US by Fitch
2013-05-30: A comparative review of US tollers by Fitch Rating service rates the Ohio Turnpike Commission and the Harris County Toll Road Authority as the two safest bond propositions in the country with AA ratings. read more Advertisement:
NC/I-77 HOT lanes north out of Charlotte get regional OK, P3 procurement underway
2013-05-29: An approximate $600m project to modernize 26 miles, 41km of the I-77 corridor north out of Charlotte with 2x2 HOT lanes got unanimous approval at the last meeting of the regional plan agency, MUMPO. The project is likelyShow More Summary
Detroit Windsor Truck Ferry protests Hazmat on Ambassador Bridge
2013-05-28: The Detroit Windsor Truck Ferry (DWTF) presently carries most hazardous materials (hazmat) across the Detroit River a bit downstream of the Ambassador Bridge, but Michigan DOT is proposing to relax restrictions to allow more hazmat over the Bridge, especially gasoline. read more Advertisement:
Chicago area Elgin O'Hare Western Access AET pikes move into costruction
The Illinois Tollway is moving ahead on construction of the Elgin O'Hare Western Access (EOWA) project following final approvals by the state legislature. Federal OKs were received earlier in the year. The $3.4 billion project will connect...Show More Summary
Maine Turnpike CEO Peter Mills says he'll have York toll options for board by the fall - studying cash payers
2013-05-23: In the fall Peter Mills CEO of the Maine Turnpike plans to present his board of directors with options for the future of toll collection at important and troublesome south end of the Turnpike around York. He says the Turnpike Authority has three to four years to get a new toll system in place. read more Advertisement:
Penn Pike's $200m EB-5 resident visa loans like line of credit, no fixed repayment date
2013-05-22: A Turnpike official today told us the unusual financing of $200m toward the I-95 interchange project has no fixed term, except that the 2 percent interest commitment only lasts 5 years, after which time a new interest rate may be set. read more Advertisement:
Hookset NH begins open road tolling
2013-05-22: 4:30pm this afternoon they opened four new highway speed open road toll lanes at the Hookset toll plaza on the I-93 Everett Turnpike in western New Hampshire. ORT in 2x2 lanes with shoulders and three separation barriersShow More Summary