Transurban‘s I-495 Traffic Up 20%

Transurban on July 11 announced its traffic and revenue data for the June quarter of 2014 showing performance of its 495 Express Lanes above expectations, with price growth of 70% and volume growth of 20% in the quarter. Revenue still needs to double, notes Macquarie Equity Research, but the trend is positive based on the past three quarters. Toll revenues reached a new daily high of $161,945 on May 29, 2014. Average daily revenue during the quarter grew 100.3% compared to the prior corresponding period.


About Bill Reinhardt

Editor of Public Works Financing newsletter
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