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3/19/2008
Australia: Second Toll Tunnel Faces Financial CollapseAnother Australian toll tunnel faces financial collapse as non-compete agreements fail to drive traffic onto pay route.
A second toll tunnel in Sydney, Australia faces imminent financial collapse. The A$1.1 billion Lane Cove Tunnel opened almost exactly one year ago to provide a connection between the M2 Motorway and the Gore Hill Freeway. So far, motorists are rejecting the idea of paying $2.59 to drive a mere 2.2 miles.
"Traffic levels have been significantly lower than expected," Cheung Kong Infrastructure Chairman Victor Li wrote in a letter to investors Monday. "As a result, full provision has been made a ...
3/18/2008
Tennessee Senate Votes to Authorize Photo EnforcementTennessee state Senate votes to clarify its authorization of photo ticketing.
3/18/2008
Australia: Big Profits from Small Speed ViolationsNine out of ten speed camera tickets in New South Wales, Australia go for violations of 2 to 9 MPH over the limit.
3/17/2008
Pennsylvania: Toll Road Legal Work Goes to Law Firm of GovernorPennsylvania governor awards millions in toll road legal work to his former law firm and major political donor.
3/17/2008
New Hampshire: Fewer to be Arrested Over Toll Skipping AccusationTo avoid bad publicity, Portsmouth, New Hampshire will no longer automatically arrest motorists accused of skipping a 75 cent toll.
