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Overview
Transurban is an Australian-based toll road owner and operator that was founded in 1996. The company's core business is the development, operation and maintenance of toll roads in Australia and North America. Transurban's primary operations are in Victoria, New South Wales, and Queensland in Australia, as well as in the Greater Washington D.C. area in the United States. The company was founded as a result of the privatization of toll roads in Australia in the mid-1990s, and it has since expanded its operations to other countries. Transurban is known for its focus on developing and using technology to better the travel experiences for its customers and reduce congestion on its roads. Transurban's business model revolves around the use of electronic tolling systems, which enables drivers to pay tolls using electronic tags installed in their vehicles. The company also offers a variety of payment options, including smartphone apps and online accounts. In addition to operating toll roads, Transurban also invests in other transport-related assets, such as bus and rail networks. The company is also involved in various community and sustainability initiatives, including wildlife crossings and carbon reduction projects. As of 2021, Transurban manages and operates 14 toll roads across Australia and the United States, with a total network length of over 185km. The company is listed on the Australian Securities Exchange (ASX) and is a constituent of the ASX 100 index.
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