Toll road

Bestpass Processes $1.2 Billion in Toll

Friday, January 15, 2021 - 6:26pm

ALBANY, N.Y., Jan. 15, 2021 /PRNewswire/ -- Bestpass, the comprehensive payment platform provider that is the leader in toll management solutions for commercial fleets, achieved several significant milestones in 2020, including processing more than $1.2 billion in toll volume, exceeding $1 billion for the second consecutive year and posting 20 percent growth over 2019.

Key Points: 
  • ALBANY, N.Y., Jan. 15, 2021 /PRNewswire/ -- Bestpass, the comprehensive payment platform provider that is the leader in toll management solutions for commercial fleets, achieved several significant milestones in 2020, including processing more than $1.2 billion in toll volume, exceeding $1 billion for the second consecutive year and posting 20 percent growth over 2019.
  • The company also surpassed 10,000 customers with 650,000 active transponders deployed on U.S. toll roads, released Cost Centers within its customer web portal to facilitate better fleet data management, and launched new national and regional toll transponder options.
  • Bestpass is proud to support their efforts, and I am personally proud of the Bestpass team that provided superior service and value to our customers throughout these difficult times," said Bestpass CEO Tom Fogarty.
  • "We will build on this momentum with more growth in 2021 thanks to the significant product advances released by the Bestpass innovations team."

Toll Brothers Campus Living® and Harrison Street Form Joint Venture to Develop 263-Unit Student Housing Community in Tempe, AZ

Thursday, January 14, 2021 - 1:30pm

Toll Brothers Campus Living develops communities that combine modern amenities and strategic community design to fit the needs and lifestyle of students.

Key Points: 
  • Toll Brothers Campus Living develops communities that combine modern amenities and strategic community design to fit the needs and lifestyle of students.
  • Now, through our Toll Brothers Apartment Living and Campus Living divisions, we are extending our brand by offering spectacular rental and student housing communities aswell.
  • The Company acquires and develops rental apartment and commercial properties through Toll Brothers Apartment Living, Toll Brothers Campus Living, and the affiliated Toll Brothers Realty Trust, and develops urban low-, mid-, and high-rise for-sale condominiums through Toll Brothers City Living.
  • Toll Brothers Campus Living is the student housing development division of Toll Brothers, Inc., the nation's leading builder of luxury homes.

ITR Concession Company Unveils Electric Charging Stations on Indiana Toll Road

Thursday, January 14, 2021 - 9:00am

Starting today, customers travelling the Indiana Toll Road have access to fast-charging stations, marking the beginning of an electric charging network across the 157-mile road.

Key Points: 
  • Starting today, customers travelling the Indiana Toll Road have access to fast-charging stations, marking the beginning of an electric charging network across the 157-mile road.
  • ITR Concession Company (ITRCC), the operator of the Indiana Toll Road, partnered with Martell Electric to bring an advanced electric charging infrastructure to the plazas.
  • The electric charging infrastructure is built for the future: As more electric vehicles travel the road, additional chargers can be deployed with minimal upgrades.
  • In addition to deploying an electric charging infrastructure, ITRCC is evaluating the use of electric vehicles for its employees.

Road charging reform – Council agrees its stance

Saturday, December 19, 2020 - 8:00am

The EU is revising its road charging rules (Eurovignette directive) to address greenhouse gas emissions and other environmental impacts, congestion and road infrastructure financing.

Key Points: 
  • The EU is revising its road charging rules (Eurovignette directive) to address greenhouse gas emissions and other environmental impacts, congestion and road infrastructure financing.
  • As EU countries differ in their geography, population density and road networks and in terms of the charging systems they already have in place, time-based charging will be maintained as a cost-effective alternative to distance-based charging.
  • Background: current EU road charging rules

    Road charging is a national choice in the EU, and member states can choose whether or not to introduce it on their territory.

  • The idea is that the cost of constructing, operating and developing infrastructure can be covered through tolls and vignettes for road users.

Bestpass Surpasses 10,000 Customers

Wednesday, December 16, 2020 - 2:07pm

"This milestone is a testament to our loyal customers and partners, as well as the value that Bestpass solutions provide.

Key Points: 
  • "This milestone is a testament to our loyal customers and partners, as well as the value that Bestpass solutions provide.
  • I salute our employees, who work hard every day to ensure excellent service in toll management," said Tom Fogarty, CEO of Bestpass.
  • Bestpass is the comprehensive payment platform provider and leader in toll management solutions for commercial fleets of all shapes and sizes.
  • Founded in 2001 by truckers for truckers, Bestpass is now a trusted partner on the road and in the back office for customers, tolling authorities, and related organizations.

$15.98 Bn Automotive Pay As You Go Road Charging Market - Global Opportunity Analysis and Industry Forecast to 2030 - ResearchAndMarkets.com

Friday, December 11, 2020 - 1:44pm

The "Automotive Pay As You Go Road Charging Market by Type, by System Type, by Technology by Infrastructure Type - Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Pay As You Go Road Charging Market by Type, by System Type, by Technology by Infrastructure Type - Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.
  • The Global Automotive Pay As You Go (PAYG) Road Charging Market was valued at USD 7.83 billion in 2019 and is estimated to garner USD 15.98 billion by 2030, at a CAGR of 6.7% during the forecast period, from 2020 to 2030.
  • Automotive Pay As You Go (PAYG) Road Charging is a form of tax levied to the vehicle owners for the sole purpose of infrastructure maintenance.
  • Key players in the global Automotive Pay As You Go (PAYG) Road Charging Market include Kapsch, Q Free ASA, Siemens AG., Far Eastern Electronic Toll Collection Co, Toll Collect GmbH., Schneider Electric, International Road Dynamics, G.E.A., Thales Group, and Transcore Holding Inc.

Kapsch TrafficCom Continues to Expand Tolling Services in Europe via New Partnership With Ford

Thursday, December 3, 2020 - 8:20am

The German toll services provider tolltickets, a 100% subsidiary of Kapsch TrafficCom, will expand its current footprint by providing integrated tolling services for partner companies.

Key Points: 
  • The German toll services provider tolltickets, a 100% subsidiary of Kapsch TrafficCom, will expand its current footprint by providing integrated tolling services for partner companies.
  • Kapsch TrafficCom, via its subsidiary tolltickets, is proud to support the launch of Fords new Marketplace feature by providing Ford customers access to tolltickets tolling services.
  • The launch of this cooperation with Ford marks a milestone for us, explains Georg Kapsch, CEO of Kapsch TrafficCom.
  • Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion.

Kapsch Completes New All-Electronic Toll System for New York State Thruway

Thursday, November 19, 2020 - 1:15pm

Kapsch is pleased to announce that the new all-electronic tolling (AET) system developed for the New York State Thruway Authority (NYSTA) is now fully operational and in revenue service.

Key Points: 
  • Kapsch is pleased to announce that the new all-electronic tolling (AET) system developed for the New York State Thruway Authority (NYSTA) is now fully operational and in revenue service.
  • The New York State Thruway Authority now operates a completely cashless AET system.
  • Paying cashless tolls will reduce traffic congestion and vehicle emissions, and contribute to smoother traffic flow along the Thruway in New York state.
  • As part of the Kapsch Group and headquartered in Vienna, Kapsch TrafficCom has subsidiaries and branches in more than 30 countries.

Bestpass Releases Cost Centers for Commercial Fleets

Wednesday, November 18, 2020 - 4:42pm

ALBANY, N.Y., Nov. 18, 2020 /PRNewswire/ -- Bestpass, the comprehensive payment platform provider that is the leader in toll management solutions for commercial fleets, recently released Cost Centers within its customer web portal to facilitate better fleet data management.

Key Points: 
  • ALBANY, N.Y., Nov. 18, 2020 /PRNewswire/ -- Bestpass, the comprehensive payment platform provider that is the leader in toll management solutions for commercial fleets, recently released Cost Centers within its customer web portal to facilitate better fleet data management.
  • Orders by cost center: Customers have the option to assign transponders to the appropriate cost center when placing an order.
  • Itemized cost center statements: Dynamic cost center management functionality includes the ability to generate dedicated statements for each cost center.
  • Bestpass is the comprehensive payment platform provider and leader in toll management solutions for commercial fleets of all shapes and sizes.

First “Multi lane free flow toll” has started operating in Ecuador´s capital Quito – Kapsch TrafficCom reports

Tuesday, November 17, 2020 - 1:20pm

The first Multi-Lane Free Flow toll system (MLFF) to operate in Ecuador has just been installed with Kapsch TrafficComs technology on one of the main access routes to the countrys capital, Quito.

Key Points: 
  • The first Multi-Lane Free Flow toll system (MLFF) to operate in Ecuador has just been installed with Kapsch TrafficComs technology on one of the main access routes to the countrys capital, Quito.
  • This will improve mobility in the area by allowing electronic toll collection without drivers stopping to make toll payment.
  • Besides, in the current pandemic situation, a toll system that doesnt require any contact also reduces the risk of new infections.
  • The back office system has been developed to adapt to Ecuadors business model and the multiple TAGs existing in its market.