TJH explains why it’s seeking to recover US$3.5M lost during suspension of tolls due to Hurricane Melissa

TransJamaica Highway Limited (TJH) has sought to clarify its decision to seek compensation from the Toll Authority for revenue lost during the suspension of tolls due to Hurricane Melissa last year.

In its unaudited financial statements for the 4th quarter ended in December 2025, TJH outlined that the suspension resulted in direct toll losses amounting to approximately US$3.5 million.

Before the category 5 system made landfall on October 28, Transport Minister Daryl Vaz ordered all toll roads to be free of cost to facilitate emergency evacuations and recovery operations.

People were allowed free movement from October 26 to November 10, 2025.

According to TJH, these actions breached its property rights and discussions are underway with the Toll Authority regarding compensation.

Addressing the issue at an Investor Briefing at the Pegasus Hotel this morning, the company’s Managing Director Ivan Anderson said while last year’s profits increased to a record $36.6 million, the TJH wants to recover the US$3.5 million it lost.

He explained that the loss will take away about $14,000 from its over 40,000 shareholders.

He also noted that the money would have helped to pay TJH’s $30 billion debt.