First foreign-owned toll road hits Dallas!Submitted by Stonewall Jackson on Wed, 12/18/2013 - 14:21
Terri Hall, a homeschool mom of nine turned citizen activist, is the founder of the San Antonio Toll Party and Texans Uniting for Reform and Freedom.
The first foreign-operated toll lanes became fully operational in Dallas over the weekend. Interstate 635 known as the LBJ opened the first 3-mile stretch of the public private partnership toll project to the public on Saturday. The expensive price tag won’t hit commuters immediately, since it opened at a big discount for the first six months as drivers get used to the variable pricing. To use the 3.5-miles of phase one it will cost anywhere from 15 cents up to 95 cents depending on time of day. However, the regular toll rates will cost between 10 cents PER MILE up to 75 PER MILE in peak hours.
During the discounted period, Spain-based Cintra will review driver behavior and trouble spots and make adjustments. You may be asking: why on earth would it take six months for a trial period on a measly 3 miles of highway? Because these toll lanes are plunked into the middle of the freeway and navigating into and out of the lanes will be a tricky proposition.
Congestion tolling or variable pricing involves speed guarantees in the toll lanes. So the toll rates are dynamic and change in real time depending on how many cars are using the toll lanes and how fast those cars are driving. If the privately-operated toll lanes attract too many cars and the speed drops below 50 MPH, then Cintra jacks up the price to purposely knock drivers out of those lanes to guarantee the speed remains at least 50 MPH.
Full article here: http://blog.mysanantonio.com/terrihall/2013/12/first-foreign...