German government to take over Toll Collect?

The German government is reported to be willing to take over truck toll operator Toll Collect – ending years of dispute over billions of euros in penalty payments and damage claims. A takeover agreement is still said to be possible before the end of 2012, according to a report in a German national media publication. The contract with Toll Collect expires in 2015. The Toll Collect consortium consists of Germany-based Daimler and Deutsche Telekom as well as France-based Cofiroute.
December 13, 2012 Read time: 1 min
The German government is reported to be willing to take over truck toll operator Toll Collect – ending years of dispute over billions of euros in penalty payments and damage claims.

A takeover agreement is still said to be possible before the end of 2012, according to a report in a German national media publication. The contract with Toll Collect expires in 2015. The Toll Collect consortium consists of Germany-based 3992 Daimler and 7017 Deutsche Telekom as well as France-based 6031 Cofiroute.

For more information on companies in this article

Related Content

  • New Zealand ponders tolling new major roads
    July 22, 2024
    NZ Transport Agency Waka Kotahi (NZTA) said it will consider tolling for new Roads of National significance if the government wishes it.
    Read More
  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel
    Read More
  • Ukraine’s shattered highways
    July 26, 2024
    With no end to its war with Russia in sight, Ukraine is also fighting hard to cope with a growing backlog of major infrastructure projects, especially in terms of rebuilding the country’s roads and bridges. David Arminas reports.
    Read More
  • Weigh in motion and ANPR techology aid highway protection
    April 10, 2012
    Weigh-in-motion technology manufacturers have been involved in a number of significant highways tolling projects across the world in recent months, while others are looking to become involved in major new initiatives. Guy Woodford reports. The continuing global economic crisis did not prevent UK-based TDC Traffic Systems from recently securing the prized US$2.84million (€2.14million) contract to supply 20 high speed weigh-in-motion (WIM) systems for overweight pre-selection and enforcement in Saudi Arabia
    Read More

Highlighted Content