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Private Highway
A private highway is a highway owned and operated for profit by private industry. Private highways are common in Asia and Europe; in addition, a few have been built in the United States on an experimental basis. Typically, private highways are built by companies that charge tolls for a period while the debt is retired, after which the highway is turned over to government control. This allows governments to fulfill immediate transportation needs despite their own budget constraints, while still retaining public ownership of the roads in the long term. An obstacle to private highways is that government regulation can stifle price flexibility and introduce negotiation and paperwork requirements that increase operational expenses, while having to compete against free public roads. In addition, private highways lack some advantages that governments have, such as sovereign immunity against liability for accidents, the use of eminent domain power to acquire private property for roads an ...
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Highway
A highway is any public or private road or other public way on land. It is used for major roads, but also includes other public roads and public tracks. In some areas of the United States, it is used as an equivalent term to controlled-access highway, or a translation for '' autobahn'', '' autoroute'', etc. According to Merriam Webster, the use of the term predates the 12th century. According to Etymonline, "high" is in the sense of "main". In North American and Australian English, major roads such as controlled-access highways or arterial roads are often state highways (Canada: provincial highways). Other roads may be designated " county highways" in the US and Ontario. These classifications refer to the level of government (state, provincial, county) that maintains the roadway. In British English, "highway" is primarily a legal term. Everyday use normally implies roads, while the legal use covers any route or path with a public right of access, including footpaths ...
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Hybrid Electric Vehicle
A hybrid electric vehicle (HEV) is a type of hybrid vehicle that combines a conventional internal combustion engine (ICE) system with an Electric motor, electric propulsion system (hybrid vehicle drivetrain). The presence of the electric powertrain is intended to achieve either better fuel economy in automobiles, fuel economy than a conventional vehicle or better performance. There is a variety of HEV types and the degree to which each function as an electric vehicle (EV) also varies. The most common form of HEV is the hybrid electric car, although hybrid electric trucks (pickups and tractors), buses, boats and aircraft also exist. Modern HEVs make use of efficiency-improving technologies such as regenerative brakes which convert the vehicle's kinetic energy to electric energy, which is stored in a Electric vehicle battery, battery or supercapacitor. Some varieties of HEV use an internal combustion engine to turn an electrical generator, which either recharges the vehicle's batte ...
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M6 Toll
The M6 Toll, referred to on signs as the Midland Expressway (originally named the Birmingham Northern Relief Road or BNRR), and stylised as M6toll, connects M6 Junction 3a at the Coleshill Interchange to M6 Junction 11A at Wolverhampton with of six-lane motorway. The M6 Toll is the only major toll road in Great Britain, and has two payment plazas, Great Wyrley Toll Plaza for northbound and Weeford Toll Plaza for southbound. The northbound toll plaza is situated between junctions T6 and T7, and the southbound between junctions T4 and T3. The weekday cash cost is £7.60 for a car and £13.80 for a Heavy Goods Vehicle. The M6 Toll is part of the (unsigned in the UK) E-road E05 and is subject to the same regulations and policing as other motorways in the UK. It has one service station along its stretch, Norton Canes services. History Planning and construction Proposals for a new publicly funded motorway were circulated in 1980. It was originally to be called the A446(M) ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and '' Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is S ...
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Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historicall ...
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Private Highways In The United States
There are relatively few private highways in the United States, compared to other parts of the world. The Philadelphia and Lancaster Turnpike, opened in 1795 between Philadelphia, Pennsylvania and Lancaster, Pennsylvania, was the first major American turnpike. According to Gerald Gunderson's ''Privatization and the 19th-Century Turnpike'', "In the first three decades of the 19th century, Americans built more than 10,000 miles 6,000 kmof turnpikes, in New England and the Middle Atlantic states. Relative to the economy at that time, this effort exceeded the post-World War II interstate highway system." Because electronics did not exist in that era, all tolls had to be collected by human cashiers at toll booths, creating high fixed costs that could only be covered by a large volume of traffic. As railroads and steamboats began to compete with the turnpikes, less profitable highways started to shut down or be turned over to governments. (See : Pre-freeway turnpikes in the Uni ...
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Automatic Number Plate Recognition
Automatic number-plate recognition (ANPR; see also other names below) is a technology that uses optical character recognition on images to read vehicle registration plates to create vehicle location data. It can use existing closed-circuit television, road-rule enforcement cameras, or cameras specifically designed for the task. ANPR is used by police forces around the world for law enforcement purposes, including to check if a vehicle is registered or licensed. It is also used for electronic toll collection on pay-per-use roads and as a method of cataloguing the movements of traffic, for example by highways agencies. Automatic number-plate recognition can be used to store the images captured by the cameras as well as the text from the license plate, with some configurable to store a photograph of the driver. Systems commonly use infrared lighting to allow the camera to take the picture at any time of day or night. ANPR technology must take into account plate variations fr ...
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Greater Toronto Area
The Greater Toronto Area, commonly referred to as the GTA, includes the City of Toronto and the regional municipalities of Durham, Halton, Peel, and York. In total, the region contains 25 urban, suburban, and rural municipalities. The Greater Toronto Area begins in Burlington in Halton Region, and extends along Lake Ontario past downtown Toronto eastward to Clarington in Durham Region. According to the 2021 census, the Census Metropolitan Area (CMA) of Toronto has a total population of 6,202,225. However, the Greater Toronto Area, which is an economic area defined by the Government of Ontario, includes communities which are not included in the CMA as defined by Statistics Canada. Extrapolating the data for all 25 communities in the Greater Toronto Area from the 2021 Census, the total population for the economic region included 6,712,341 people. The Greater Toronto Area is a part of several larger areas in Southern Ontario. The area is also combined with the city of Hamilt ...
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Ontario Highway 407
King's Highway 407, commonly referred to as Highway 407 and colloquially as the "four-oh-seven", is a tolled 400-series highway in the Canadian province of Ontario. Comprising a privately leased segment as well as a publicly owned segment, the route spans the entire Greater Toronto Area (GTA) around the city of Toronto, travelling through the suburbs of Burlington, Oakville, Mississauga, Brampton, Vaughan, Markham, Pickering, Whitby, and Oshawa before ending in Clarington, north of Orono. At 151.4 km long, this is the fourth longest freeway in Ontario's 400 series network, after Highways 417, 400, and 401. The segment between Burlington and Brougham in Pickering is leased to and operated by the 407 ETR Concession Company Limited and is officially known as the 407 Express Toll Route (407 ETR). It begins at the junction of the Queen Elizabeth Way (QEW) and Highway 403 in Burlington, and travels across the GTA to Brock Road in Pickering. East of Br ...
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Public–private Partnerships In India
The public–private partnership (''PPP'' or ''3P'') is a commercial legal relationship defined by the Government of India in 2011 as "a''n arrangement between a government / statutory entity / government owned entity on one side and a private sector entity on the other, for the provision of public assets and/or public services, through investments being made and/or management being undertaken by the private sector entity, for a specified period of time, where there is well defined allocation of risk between the private sector and the public entity and the private entity receives performance linked payments that conform (or are benchmarked) to specified and pre-determined performance standards, measurable by the public entity or its representative''". The Government of India recognizes several types of PPPs, including: User-fee based BOT model, Performance based management/maintenance contracts and Modified design-build (turnkey) contracts. Today, there are hundreds of PPP project ...
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Bangalore–Mysore Infrastructure Corridor
The Nandi Infrastructure Corridor Enterprises Road, commonly known as NICE Road and officially called Bengaluru–Mysuru Infrastructure Corridor (BMIC), is a proposed 4 to 6 lane private tolled expressway in Karnataka, that intends to connect the two important cities Bengaluru and Mysuru in the Indian state of Karnataka. This is being constructed by Nandi Infrastructure Corridor Enterprises (NICE) chaired by Ashok Kheny on a Build-Own-Operate-Transfer (BOOT) basis. As of May 2017, around 8,00,000 vehicles use the road daily, in its presently operation section starting from Electronic City ending at Tumkur Road. History In conjunction with a 1995 Trade Mission to India sponsored by the then Governor of Massachusetts, William Weld, a memorandum of understanding was signed by Consortium members, Indian officials, including then Karnataka Chief Minister, H.D. Deve Gowda, and U.S. officials, which set the stage for launching the Bangalore Mysore Infrastructure Corridor project ...
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