Plans to sell M6 toll road fail

Plans to sell the UK’s M6 toll road have failed, according to a report by the Financial Times. The road’s banker owners announced plans to sell the road in February 2016 and are now said to be considering refinancing the business after struggling to secure a US$2.3 billion (£1.9 billion) sale price. Opened in 2003 and operated by Midland Expressway, a subsidiary of Macquarie, the toll road was designed carry 72m000 vehicles a day, but has failed to live up to expectations, with an average of around 4
February 13, 2017 Read time: 1 min
Plans to sell the UK’s M6 toll road have failed, according to a report by the Financial Times.

The road’s banker owners announced plans to sell the road in February 2016 and are now said to be considering refinancing the business after struggling to secure a US$2.3 billion (£1.9 billion) sale price.

Opened in 2003 and operated by Midland Expressway, a subsidiary of 802 Macquarie, the toll road was designed carry 72m000 vehicles a day, but has failed to live up to expectations, with an average of around 48,000 vehicle using the road.
Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Report highlights community impact of new mobility options
    March 29, 2018
    Local authorities and communities must understand the impacts of the new mobility options and regulate to get the transport systems they want, according to a new report. Colin Sowman takes a look. Outside of the big cities plagued with congestion, the existing transportation system(s) often cope adequately, and the ongoing workload (maintenance, safety…) is more than enough to keep local transport authorities busy. Is it, therefore, a good use of public service employees’ time to keep abreast of the raft
    Read More
  • Figures show Express Lanes bring wider benefits
    August 12, 2015
    Drivers in the Washington DC area are realising time savings following the opening of Express Lanes on the I-95 - and not only those paying to use the new facility. Washington is ranked as being the worst gridlocked city in the United States. Every day its drivers face an average commute time of 39.5 minutes and they waste an average of 67 hours every year just sitting in traffic. In a move to counter these problems, late last December new Express Lanes were opened along 46.6km (29 miles) of the I-95 betwee
    Read More
  • Traffic to flow freely over world’s widest bridge
    November 13, 2012
    Pete Goldin reports on a new Egis project in Canada, providing open road tolling operations for the widest bridge in the world. A bridge can present a bottleneck in a system of roads or it can support the smooth and unobstructed flow of traffic. Much depends on the bridge design, surrounding infrastructure and tolling system. By adding lanes and deploying open road tolling (ORT), the new Port Mann Bridge located in the metropolitan Vancouver area in British Columbia, will alleviate congestion at one of the
    Read More
  • Road pricing is inevitable – because the ‘user pays’ principle is fair
    June 14, 2018
    We pay for roads through our taxes: the poor pay proportionately more, and effectively subsidise the rich. It would be fairer to accept the ‘user pays’ principle, says Dr John Walker. Road pricing is already used worldwide to combat congestion and pollution, to compensate for falling revenues from fuel duty (‘gas tax’), to provide an alternative (and fairer) means of charging motorists than the 80-year old fuel tax and to improve the efficiency of and expand transport infrastructure. However, it could and s
    Read More

Highlighted Content