Toll Roads News

Jun 17
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 10...
Toll Roads News
Jun 14
Pocahontas Parkway turned over to lenders ADDITIONS : 2013-06-14: The Pocahontas Parkway VA895 tollroad in the eastern part of the Richmond VA metro area is being turned over to its lenders by Transurban....
Toll Roads News
Jun 13
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....
Toll Roads News
Jun 12
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 Treasur...
Toll Roads News
Jun 11
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...
Toll Roads News
Jun 11
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...
Toll Roads News
Jun 10
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...
Toll Roads News
Jun 9
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 Cint...
Toll Roads News
Jun 7
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 o...
Toll Roads News
Jun 6
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...
Toll Roads News
Jun 5
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....
Toll Roads News
Jun 4
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...
Toll Roads News
May 31
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....
Toll Roads News
May 30
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 w...
Toll Roads News
May 29
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 agen...
Toll Roads News
May 28
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...
Toll Roads News
May 24
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....
Toll Roads News
May 23
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 Turnp...
Toll Roads News
May 22
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, af...
Toll Roads News
May 22
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....
Toll Roads News