Discover a new way to find and share stories you'll love… Learn about Reading Desk

Blog Profile / Toll Roads News


URL :http://www.tollroadsnews.com/
Filed Under:Industries / Transportation
Posts on Regator:1889
Posts / Week:5.4
Archived Since:March 4, 2008

Blog Post Archive

Penn Pike pay-to-play corruption trial has a weeklong preliminary hearing

2013-06-30: Witnesses favorable to Pennsylvania Turnpike defendants charged with corruption said repeatedly in the first court hearing last week that gifts they received from vendors who got contracts with the Turnpike were friendly expressions of gratitude not bribes or payoffs. Show More Summary

Illinois Tollway selects Accenture for 6-year $44m back office system - SAP enterprise software a sales point

2013-06-27: The Illinois Tollway board of directors this week approved a $44m contract for a new customer service and violations processing system with Accenture. read more Advertisement:

Study finds new Washington area ICC tollroad major success in improving mobility

2013-06-27: Maryland officials are in full voice citing the success of Maryland's MD200 Inter County Connector (ICC) tollroad following release this week of before-&-after travel times studies. The tollroad in the northern part of the...Show More Summary

Transurban cuts back in North America - NY office closed, no new proposals, bids

2013-06-26: One of the largest investor owned tollroad developers and operators in North America, Transurban has sharply cut back its operation here to focus more on its native Australian market. The company closed its New York office earlier this month and laid off all six of its senior staff. Show More Summary

Illiana Expressway south of Chicago gets lots of political accolades but viability in doubt

2013-06-25: The governors of Illinois and Indiana, state secretaries of transportation and other officials joined this week in a splashy joint "Industry Forum" at a convention center in Rosemont IL. Subject was the Illiana Expressway...Show More Summary

Capital Beltway toll lanes carrying more traffic faster

2013-06-24: Transurban's 495 Express Lanes (495XLs) on the busiest stretch of the Capital Beltway this morning raised their posted speed limit to 65mph versus 55mph previously. 55mph remains the posted speed for the untolled or general purpose lanes alongside. Show More Summary

91XLs slow recovery from deep recession

2013-06-20: Traffic on the Route 91 toll express lanes (91XLs) on the far north of Orange County is showing slow growth and is running around 33,000 average daily transactions. 2012 saw AADT of 32,635. Traffic peaked at 40,110 AADT in 2007 and has declined some 18.6% since. But now it seems in very slow recovery. read more Advertisement:

New Pennsylvania Auditor General reasserts criticism - Penn Pike debt "unsustainable"

The brainchild of politicians and Turnpike leaders either in jail or facing jail terms for corruption, Pennsylvania Act 44 of 2007 is under renewed criticism from the state's Auditor General. Speaking at a hearing of the state HouseShow More Summary

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

Copyright © 2011 Regator, LLC