Sydney toll roads earn nearly $900 million in 2012

Toll roads in Sydney take in around $896 million in revenue every year from local and visiting drivers, according to an article published by the Daily Telegraph on January 20.

That equates to more than $17 million a week and $2.4 million every day, and it appears that number is only likely to rise in the future.

Every toll road in Sydney - other than those under construction - managed to increase its earnings during the last financial year, with the Lane Cove Tunnel seeing the most significant increase in revenue.

The tunnel, which connects the Gore Hill Freeway at Artarmon with the M2 Motorway at North Ryde, drew in $60 million in the year to June 2012, an increase of 16 per cent over the same period in 2011.

The biggest earner overall however was the M7, which took in $200.5 million, followed closely behind by the M5, which earned $181.1 million.

Meanwhile the toll portion of the M2 Motorway managed to earn $142.1 million, slightly down on 2011, while the Sydney Harbour Bridge took in $85 million from motorists.

Aside from being an interesting insight into which toll roads earn the most money from commuters, the news is also a welcome reminder of the value of a fleet services provider which can automatically take care of daily toll payments for your organisation.

Unpaid tolls and registration costs can lead to vehicles being kept off the roads and drivers being stranded, potentially costing your company valuable time and money.

Because an intelligent fleet management program can automatically track and report all toll payments, it is the perfect solution for those organisations looking to keep a more comprehensive record of driver activity and also free up time for tasks that offer a greater tangible benefit to the company.