Thomas Concrete Group “growing in the US and Europe”

The Swedish Thomas Concrete Group says it continues to grow in the United States, with the acquisition of three concrete plants in North and South Carolina, complementing the group’s network along the Atlantic coast. At the end of 2016, the Group also acquired three concrete plants in northern Poland. “Through strategic acquisitions in the US states of North Carolina, South Carolina and Georgia, Thomas Concrete Group has over the years achieved a strong position as a key supplier of ready-mixed concre
February 17, 2017 Read time: 2 mins
The New Zealand government has confirmed that it is considering the introduction of open road tolling in Auckland.

Finance minister Steven Joyce told a business audience the government could support tolling but would not support a regional fuel tax.

He said, “There is no getting away from the fact that central Auckland is built on a narrow isthmus which makes it hard to get around – and the available land transport corridors are rapidly being used.

“So beyond the current building programme we are going to have to look at demand management to reduce the reliance on the road corridors, in favour of buses, trains and ferries.”

Joyce said the government is developing a work programme to look at demand management tools including electronic road tolling in the medium to long term. It would expect that any road pricing initiative on existing motorways and highways would predominantly be a replacement for petrol taxes and road user charges not in addition to them.

He said the government was keen to have a more detailed discussion about demand management tools and explore further options for longer term funding for new infrastructure, including the use of private finance for certain projects.

Location Based Systems

Related Content

  • Parking - does it cause or cure congestion?
    January 25, 2012
    Does parking cause congestion, or can it help alleviate the problem? By John Van Horn
    Read More
  • ARTBA proposes path to breaking gridlock on transportation funding
    March 13, 2015
    The American Road & Transportation Builders Association (ARTBA) has outlined a detailed proposal it believes could end the political impasse over how to fund future federal investments in state highway, bridge and transit capital projects. The ‘Getting beyond gridlock’ plan would marry a 15 cents-per-gallon increase in the federal gas and diesel motor fuels tax with a 100 per cent offsetting federal tax rebate for middle and lower income Americans for six years. The plan, ARTBA says, would fund a US$401 bil
    Read More
  • US toll roads stable for 2014, says Fitch
    December 18, 2013
    Within a broader review of US transport infrastructure securities, including ports and airlines, Fitch Rating analysts say the recent slow growth in aggregate traffic is likely to continue but that many established toll roads look financially solid because of their pricing power - tolls that have been well below revenue maximising levels. Their pricing power has been somewhat reduced, Fitch says, by strong increases in toll rates on many toll roads, which mean they have less scope for big increases in to
    Read More
  • Work begins on Auckland, New Zealand motorway project
    December 9, 2016
    Work has begun on new US$509 million (NZ$709.5 million) motorway in New Zealand, extending from Puhoi, approximately 50 km north of Auckland, to Warkworth, a distance of 18.5 kilometres. The project is New Zealand’s second Public Private Partnership (PPP) for a state highway and will be delivered by the Northern Express Group, which will finance, design, construct, manage and maintain the motorway for the 25 years that will follow the expected five year period to build the motorway. Full ownership of the
    Read More

Highlighted Content