Dario Maggioni

Dario Maggioni asked about the specific traffic mix changes in Texas managed lanes, how close LBJ is to hitting mandatory modes, and examples of the most effective 407 ETR incentives.

Answer

CFO Ernesto López Mozo noted an increase in heavy and lighter commercial vehicles in the Texas managed lanes traffic mix, possibly due to return-to-office mandates, but could not provide a specific macro rationale. He stated that LBJ is not expected to hit mandatory modes anytime soon due to ample free lanes, capacity, and ongoing surrounding road works. For 407 ETR incentives, Mr. López Mozo highlighted that rush hour promotions are particularly effective and appreciated, especially by users living or working near the road, given the current demand.

Dario Maggioni sought more details on the positive effect of traffic mix in Texas managed lanes, how close LBJ is to hitting mandatory modes, and examples of 407 ETR incentives that are proving most effective.

Answer

CFO Ernesto López Mozo confirmed an increase in lighter trucks/commercial vehicles in Texas managed lanes, possibly linked to peak-time intensity from return-to-office mandates, but offered no specific macro rationale. He stated LBJ is not expected to hit mandatory modes soon due to available capacity and traffic avoidance. For 407 ETR, he highlighted rush hour promotions as particularly effective, especially for users near the road.