407etr
407ETR reports $519m tolls in 2007, up 13%
Posted Thu, 2008-01-31 23:11407ETR in Toronto reported revenue - almost entirely toll revenue - of $519m for 2007, an increase
of 13% on 2006. (based on C$=US$) That puts it up in the same league as the New York State Thruway, the Pennsylvania Turnpike, Illinois Tristate Tollway, the Sam Houston Tollway and the New Jersey Turnpike as one of the top grossing tollroads in North America.
407ETR is in its eleventh year but achieving healthy growth in traffic along with steady toll increases. read more »
402 words407ETR issues $250m of 3 year notes at 4.5% in refinancing
Posted Tue, 2008-01-22 19:43TOLLROADSnews 2008-01-22
Toronto's 407ETR hiking tolls most in the busiest segments - toll segmentation
Posted Fri, 2008-01-04 15:08
Toronto's 407ETR has announced a new toll policy in which tolls will be raised most aggressively on the busiest segments in peak hours. Light vehicle tolls (<5 tons) are increasing from 17.6c/km to 19.25c/km (28.3c/mi to 32c/mile) or by 9.4% in peak hours on the busy 8 and 10 lane central stretch between Highway 401 and Highway 404. (All based on Cc=USc)
That's a 1.65c/km increase (2.7c/mi). The toll increases will apply from Feb 1.
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407ETR celebrates ten years of tolling Oct 14
Posted Sun, 2007-10-14 18:59
Toronto's 407ETR tollroad collected its first tolls October 14 1997 and on its tenth anniversary they announced it had achieved a new daily record on a recent holiday Friday - 445,822 transactions. They do 407k transactions on the average weekday and about 380k annual average daily.
Antonio de Santiago, chief executive of 407ETR: “Setting a new one day traffic record is a great way to celebrate our 10th anniversary.â€
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407ETR opens extra 100 lane-km, builds extra 132 for $175m
Posted Wed, 2007-09-19 19:58
407ETR Concession Company has added an extra 100 lane-km along nearly 50km (32mi) of the central section of the tollroad between H401 in Mississauga and H404 in Thornhill due north of central Toronto. Now 4 and 5 lanes each direction for 50km the east-west tollroad spanning the greater Toronto area is one of the highest capacity urban pikes in north America.
945 words read more »
SECRECY/CONFIDENTIALITY:407 Sale Mysteries in Ont.
Posted Thu, 1999-01-28 23:21SECRECY/CONFIDENTIALITY:407 Sale Mysteries in Ont.
Originally published in issue 35 of Tollroads Newsletter, which came out in Jan 1999.
Page:16
Subjects:CHIC sale of 407 secrecy confidentiality
Facilities:407ETR
Agencies:CHIC
Locations:Toronto Canada
Sources:Deborah Reid
SALE:Province legislates to allow sale of 407 pike
Posted Thu, 1998-10-08 13:00SALE:Province legislates to allow sale of 407 pike
Originally published in issue 32 of Tollroads Newsletter, which came out in Oct 1998.
Page:6
Subjects:privatization sale of 407 extensions
Facilities:407 ETR 407ETR
Agencies:OTCC
Locations:Toronto Canada
