TORONTO, Ont. — It will cost truckers more to use the 407 ETR toll highway in the New Year.
Peak rates for heavy single unit vehicles will be 35.2 cents per km (up from 32.5) and for heavy multiple unit vehicles are jumping to 52.8 cents per km (up from 48.75). Off-peak rates (weekdays 10 a.m.-3 p.m., 7 p.m.-6 a.m., weekends and holidays) will be 33.6 cents/km for heavy single unit vehicles (up from 31 cents) and 50.4 for heavy multiple unit vehicles (up from 46.5 cents).
The rate increases take effect Feb. 1, 2007. Operators of 407 ETR say the rate increases will allow the company to invest in more lanes.
“Our customers want toll rates that balance affordability with keeping the highway relatively free of congestion,” said Antonio de Santiago, president and CEO of 407 ETR. “To keep customers moving, we’ve added over 80 kilometres of new lanes in the past four years. Weve already opened 53 kilometres of new lanes in 2006. In 2007, we’re going to add another 50 kilometres of new lanes between Highways 427 and 401.
The 407 ETR will waive transponder activation fees for 2007 to encourage the use of transponders (which are mandatory for heavy-duty vehicles).
Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry. All posts by Truck News