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Showing posts with the label RiverCity

Toll Roads Do Not Pay!

Toll roads just do not pay. At least in Australia they don't. Councils and states have praised projects before they begin construction, boasting of the benefits of new toll roads. At best such schemes can only expect to break even. Drivers use it for a while with low introductory tolls. When the tolls are raised people change back to the old route. A toll is a dinner for a truck driver. Ordinary people just do not calculate the extra cost of petrol to avoid a toll road. AECOM Technology did a feasibility study for a toll road. It grossly overestimated traffic flow. In short, it knew the numbers were inflated and knew the report was full of lies.  The company said if the court challenge to them is upheld it will bankrupt the business. The claimants are seeking three times the whole yearly earnings of the company which is based in the U.S. This is gross earnings, before depreciation, tax and amortization. This amount is based on the bankruptcy of the RiverCi...