Business & Investment

Toll rejects toll roads disclosed during Congressional investigation

Toll Group, a multinational transportation and logistics provider, is the latest road freight operator to boycott Sydney’s expanding network of toll roads.

Exorbitant costs are currently blamed on embargoes by truck companies, including the country’s largest freight operator.

A Congressional investigation today heard that the Toll Group had instructed the workforce to avoid toll roads, the Transport Workers Union of America (TWU) reported.

According to TWU, the Toll Group communicated the directive in a toolbox briefing document at the Woolworths site in Minchinbury in May this year.

In the document, Toll Group states, “In most cases, the cost of toll roads outweighs the benefits of using toll roads.”

TWU will say that the Government of New South Wales and its infrastructure partner, Transurban, will increase tolls due to compound interests with North Connex, and heavy-duty drivers will pay $ 25 one-way tolls. He accused him of being fined $ 194 for not doing so.

“It’s clear that coercion is the only way for the Government of New South Wales and Transurban to force people to use expensive toll roads,” said TWUNSW Secretary of State Richard Olsen.

“It doesn’t matter if you’re an owner-driver trying to run a small business or a large multinational company like Toll Group. Sydney’s toll roads are simply too high,” he said. ..

Relocations from big companies like Toll Group have put Sydney’s toll roads in jeopardy, according to Olsen, who suggested that the burden on the transportation industry would force drivers to boycott toll roads. It was all the necessary evidence.

As a result, more trucks have been added to the streets in the suburbs.

National representative Wes Fang questioned the authenticity of the leaked document.

Back in 2018, ACCC Chairman Rod Sims, who was unable to restrict toll road cartels by organizations capable of regulating fair trade, said Transurban was “quite close” to NSW’s toll road monopoly position. Was admitted.

Since then, the Free State Government of New South Wales has presided over a surge in the number of privately owned toll roads in Sydney, and Transurban owns all or part of Sydney’s toll roads except the Sydney Harbor Bridge / Tunnel. Was there.

Over the next 40 years, private companies owning Sydney’s toll roads are set to generate more than six times more revenue than road construction costs, according to TWU.

Transurban paid $ 11.1 billion to purchase the remaining shares of West Conex’s New South Wales government.

This brings the national portfolio of toll roads to 22.

At the beginning of a New South Wales parliamentary investigation into the toll collection system, Nat Road CEO Warren said at the same time that the average net profit margin of most members of the organization dropped to about 2.5%, trying to feed and modernize their families. He said he was putting extreme pressure on those who do. Their equipment.

He noted the current “ridiculous” situation in which some operators pay more tolls than driver wages on a four-hour round trip from the western suburbs of Sydney to Northern Beach.

“For example, at WestConnex, the higher of 4% or CPI increases. We believe that this increase has nothing to do with the actual cost of road repair and maintenance, as the details are sensitive information. At best, the increase should be the CPI, “Clark said.

“In fact, truck drivers already pay more for road maintenance than car drivers through registration fees and fuel taxes. These fare increases are like clockwork, The operator does not show evidence of the promised efficiency and improvement, “he said.

Most truck operators have been prevented from passing on tolls to large customers due to the terms and conditions that make them responsible for these charges, and even due to unavoidable delays.

Clark noted a news report confirming that Transurban made an 80% return on its investment in West Connex last year.

“This tells me that Transurban can afford to blaze customers in the truck industry,” he said.

NatRoad has proposed a solution to the current unfair regime, including the introduction of variable fares that encourage off-peak trips and offer discounts on multiple trips. Creation of an independent regulatory agency to supervise and control fair and transparent toll pricing.

“Variable truck tolls on off-peak trips, or discounts on multiple trips, are a very practical way to keep trucks away from suburban streets, improve environmental outcomes, reduce travel congestion and make them safer. “, Said Clark.

Toll rejects toll roads disclosed during Congressional investigation

https://www.primemovermag.com.au/toll-rejects-toll-roads-revealed-during-parliamentary-inquiry/ Toll rejects toll roads disclosed during Congressional investigation

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