- E-ZPass Transponder Sales Rise With Opening Of New PA Turnpike Segment
- Virginia DOT Is Seeking A Hampton Roads Tolling Program Manager
- Indiana Toll Road Operator Commits To Substantially Reducing Its Carbon Emissions
- Units In NHAI's First Infrastructure Investment Trust Go On Sale Tomorrow
- These are just some of the toll industry developments TRN is following.
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E-ZPass Transponder Sales Rise With Opening Of New PA Turnpike Segment
Observer-Reporter reports, the recent opening of the Pennsylvania Turnpike’s Southern Beltway extension has increased the demand for E-ZPass transponders in greater Pittsburgh. Two AAA branches saw sales increase to the point that they are now out of stock and awaiting new supplies. Trade has also been brisk at outlets of a local supermarket chain. “Unlike supply chain problems across the country that are slowing commerce, the E-ZPass situation appears to be driven strictly by the demand brought on by the Southern Beltway.” PTC spokesperson Renee Vid Colborn says the agency has seen “a great response” to the opening of the new highway. An official report on transponder sales will be issued at the end of this month.
AET (All-Electronic Tolling) E-ZPass ETC Systems Pennsylvania Pennsylvania Turnpike Commission (PTC) Pittsburgh PA Metro AreaVirginia DOT Is Seeking A Hampton Roads Tolling Program Manager
Virginia DOT announced it has an opening for a tolling program manager in the Hampton Roads District. The department is seeking “a highly qualified, senior-level professional to provide oversight and management to assist the district in managing the Hampton Roads Express Lane Network (HRELN), freeways, and managed lanes, and to administer the contracts associated with the installation, operation, and maintenance of express and managed lanes.”
ETC Systems Hampton Roads Metro Area (VA) Virginia Virginia Department of Transportation (VDOT)Indiana Toll Road Operator Commits To Substantially Reducing Its Carbon Emissions
The Indiana Toll Road Concession Company (ITRCC) announced that it has “established a pathway to reduce carbon emissions by 50% by 2030, with an additional commitment of achieving carbon neutrality by 2050.” The firm’s goals target “emissions directly related to ITRCC, such as vehicles and equipment, and indirect emissions from ownership and operations, such as electricity usage.” In support of its effort, ITRCC has “been admitted to the Science Based Targets initiative, a global effort designed to define and promote best practices in emission reductions and net-zero targets. This partnership allows for collaboration with global sustainability experts who will independently assess and validate ITRCC’s targets, ensuring the goals are achieved.”
Environmental Protection Policies Procedures And Initiatives Indiana Indiana Toll Road Concession Company (ITRCC)Units In NHAI's First Infrastructure Investment Trust Go On Sale Tomorrow
The Economic Times reports, the National Highways Authority of India will put its first Infrastructure Investment Trust (InvIT) on public offer between tomorrow, October 29, and November 2. The trust will hold five operating toll road facilities located in Rajasthan, Gujarat, Telengana and Karnataka. Likely investors include the Canada Pension Plan Investment Board, the Ontario Teachers’ Pension Plan and Caisse de dépôt et placement du Québec (CDPQ), as well as domestic insurance companies. The newspaper reports that NHAI “aims to mop up Rs 5100 crore [US$681.86 million] as part of the government’s long-term plans to monetise road assets.”
Canada Pension Plan Investment Board (CPPIB) CDPQ (Caisse de dépôt et placement du Québec) India Infrastructure Investment Trends National Highways Authority of India (NHAI)These are just some of the toll industry developments TRN is following.
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