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More drivers are opting to use the almost year-old 495 Express Lanes in Virginia but still far fewer vehicles are in the tolled lanes than planners had expected.
After being open for about 10 months, commuters can give a report card on the I-495 Express Lanes.
Transurban Ltd., the builder and long-term operator of the Interstate 495 and Interstate 95 express lanes, has moved its U.S. headquarters from New York to Fairfax County. The company operates two toll roads in the U.S., both in Virginia.
Creditors are taking over operations of a state-owned toll road outside Richmond that is run by the same company that runs the 495 Express Lanes, though a representative of the company denies that there are any problems regarding the Beltway lanes.
Customers will soon pay more at the pump in Maryland, thanks to a new gas tax. But even that won't raise enough money for one project.
More people are using the 495 Express Lanes in Virginia but the increase in traffic in the lanes' first six months has been slow.
Virginia's Beltway Express Lanes are starting out as a money-loser.
Less than three months since the Beltway Express Lanes opened in Fairfax County, listeners are telling WTOP that prices seem to be going up, even outside of rush hour.