Our Blog

Virginia's I-95 could charge toll

Posted by Genie Wood on Wed, May 12, 2010 @ 05:46 AM

The Virginia governor is seeking federal approval for charging a toll on Interstate 95 near the North Carolina border to pay for repairs to the roadway. By charging $1-$2 per axle, the revenue could total $30 million to $60 million each year. In strong opposition, American Trucking Associations and the Virginia Trucking Association plan to address the proposal.

Interstate 95 is said to be one of the most important transportation routes in the U.S., but that particular stretch has deficient pavements and other problems. That road sees more accidents than most other roads in the state.

If you fear that tolls could cost your trucking company a lot of money and you need to free up your cash flow, contact TBS Truck Factoring, LLC, today by calling 800-207-7661.