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New Jersey Turnpike

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Flyer78:
From https://www.nj.com/news/2021/05/company-that-runs-turnpike-parkway-service-areas-to-be-sold-for-375m.html


--- Quote ---HMS Host, which operates the 20 Turnpike and Parkway areas, is selling its American toll road business for $375 million to Iris Buyer, LLC, a consortium of Blackstone Infrastructure Partners, an investment firm, and Dublin based Applegreen LTD, which operates highway service areas in Europe and the U.S., and B&J Holdings LTD, according a statement from Autogrill, HMS Host parent company.

--- End quote ---

storm2k:

--- Quote from: Flyer78 on September 22, 2021, 02:06:16 PM ---From https://www.nj.com/news/2021/05/company-that-runs-turnpike-parkway-service-areas-to-be-sold-for-375m.html


--- Quote ---HMS Host, which operates the 20 Turnpike and Parkway areas, is selling its American toll road business for $375 million to Iris Buyer, LLC, a consortium of Blackstone Infrastructure Partners, an investment firm, and Dublin based Applegreen LTD, which operates highway service areas in Europe and the U.S., and B&J Holdings LTD, according a statement from Autogrill, HMS Host parent company.

--- End quote ---



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OK, thanks. I did miss this story.

kernals12:
How feasible would it be to introduce variable pricing across the turnpike?

jeffandnicole:

--- Quote from: kernals12 on September 23, 2021, 08:46:00 PM ---How feasible would it be to introduce variable pricing across the turnpike?

--- End quote ---

The have a very basic form of variable pricing.  EZ Pass off-peak for EZ Pass NJ account holders save roughly 20% or so.  Peak hours are 7-9am, 4-6pm and weekends.

The concept of more variable pricing was discussed in the past, but I think the Turnpike didn't want to push too much on the idea.

kernals12:

--- Quote from: jeffandnicole on September 23, 2021, 09:45:25 PM ---
--- Quote from: kernals12 on September 23, 2021, 08:46:00 PM ---How feasible would it be to introduce variable pricing across the turnpike?

--- End quote ---

The have a very basic form of variable pricing.  EZ Pass off-peak for EZ Pass NJ account holders save roughly 20% or so.  Peak hours are 7-9am, 4-6pm and weekends.

The concept of more variable pricing was discussed in the past, but I think the Turnpike didn't want to push too much on the idea.

--- End quote ---

It would give accurate pricing signals that would guide expansion projects.

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