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New year to bring 40% toll increase for truckers

Home » New year to bring 40% toll increase for truckers

New year to bring 40% toll increase for truckers

December 29, 2014 Blog

 

On Jan. 1, three years after tolls for passenger cars nearly doubled on the Illinois Tollway, rates for trucks and trailers will jump by 40 percent.

That’s only the beginning. Two more 10 percent increases will kick in over the next two years, and beginning in 2018, annual toll rate increases for trucks and trailers will be linked to the consumer price index.

The higher tolls are paying for the Tollway’s massive 15-year, $12 billion rebuilding and widening program called Move Illinois. The impact on the price of trucked goods is debated, however.

The program has already resulted in…click here for rest of article

Article credit to writer  Richard Wronski,Chicago Tribune

Tags: Commercial Truck DriversCommercial TruckersFML freightFreight Management Logisticsillinois tollwaytransportationtrucking tolls
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