Toll road

Road Construction Sees Drop in Funding from Fuel Taxes due to COVID-19 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 3, 2020

This has affected revenues from toll bridges and fuel taxes which are an important source of funding for road improvement and maintenance projects.

Key Points: 
  • This has affected revenues from toll bridges and fuel taxes which are an important source of funding for road improvement and maintenance projects.
  • Several US states are facing a serious loss in funding for their Departments of Transport (DOTs) as a result.
  • Despite the loss in funding, some states have taken advantage of the lower numbers of road users to accelerate planned road improvement projects.
  • To see the full article and a list of related reports on the market, visit "Road Construction Sees Drop in Funding from Fuel Taxes due to COVID-19" .

Amid the COVID-19 crisis and the looming economic recession, the Electronic Toll Collection (ETC) Systems market worldwide will grow by a projected US$6.2 Billion, during the analysis period

Retrieved on: 
Thursday, May 28, 2020

Electronic Toll Collection (ETC) Systems, one of the segments analyzed and sized in this study, is forecast to grow at over 10.4% and reach a market size of US$12.4 Billion by the end of the analysis period.

Key Points: 
  • Electronic Toll Collection (ETC) Systems, one of the segments analyzed and sized in this study, is forecast to grow at over 10.4% and reach a market size of US$12.4 Billion by the end of the analysis period.
  • The Electronic Toll Collection (ETC) Systems market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned.
  • In Japan, the Electronic Toll Collection (ETC) Systems segment will reach a market size of US$746.5 Million by the close of the analysis period.
  • Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Electronic Toll Collection (ETC) Systems market.

LocoMobi World Inc. Introduces the Next Generation of Curbside Pick-Up & Drive-Through Systems

Retrieved on: 
Thursday, May 28, 2020

TORONTO, May 28, 2020 /PRNewswire/ --Arrival Alarm, powered by LocoMobi World LPR Express, is the next generation of convenience for curbside pick-up and drive-through.

Key Points: 
  • TORONTO, May 28, 2020 /PRNewswire/ --Arrival Alarm, powered by LocoMobi World LPR Express, is the next generation of convenience for curbside pick-up and drive-through.
  • "Although COVID-19 created this demand, it has created a huge new business model," says LocoMobi World CEO Grant Furlane.
  • LocoMobi World Inc. is a cloud-based Smart City technology company specializing in parking, tolling, transit, storage, asset tracking, and threat management solutions.
  • LocoMobi provides a full line of products including Pay-On-Foot Kiosks, Pay-On-Exit Stations, and Barrier Gates for Commercial and Residential Facilities.

 Kapsch TrafficCom: Current Traffic Patterns Offer Chance to Consider New Strategies for Travel Demand Management

Retrieved on: 
Wednesday, May 6, 2020
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200506005039/en/
    Unfortunately, the coronavirus will likely have a lasting impact on how people travel.
  • Current circumstances offer a chance to create responsible travel demand strategies through social and lifestyle incentives, integrated mobility programs, and transportation charging.
  • Its applications include traffic management systems for highways and cities, electronic tolling systems, and connected vehicle programs and product suites.
  • Kapsch TrafficCom is a provider of intelligent transportation systems in the fields of tolling, traffic management, smart urban mobility, traffic safety and security, and connected vehicles.

US-Bound Blue Water Bridge Tolling Temporarily to Go Fully Cashless

Retrieved on: 
Thursday, March 26, 2020

FBCL apologizes for any inconvenience this may cause to travellers.

Key Points: 
  • FBCL apologizes for any inconvenience this may cause to travellers.
  • FBCL continues to strongly encourage travellers to take advantage of the ease, speed and cost savings provided by the ConneXion pre-paid toll program.
  • In addition to discounted crossings, ConneXion gives travellers access to the convenience of automated tolling in all lanes.
  • FBCL's mandate is to provide the highest level of stewardship so that its international bridges and associated structures are safe and efficient for users.

Cash Toll Collection Suspended at Bay Area Bridges

Retrieved on: 
Saturday, March 21, 2020

Newsom, Caltrans and the Bay Area Toll Authority (BATA) today announced the temporary suspension of cash toll collection at the region's seven state-owned toll bridges in order to minimize toll collectors' and toll-paying customers' risk of exposure to Covid-19 during the current public health emergency.

Key Points: 
  • Newsom, Caltrans and the Bay Area Toll Authority (BATA) today announced the temporary suspension of cash toll collection at the region's seven state-owned toll bridges in order to minimize toll collectors' and toll-paying customers' risk of exposure to Covid-19 during the current public health emergency.
  • The temporary suspension of cash toll collection will affect drivers who cross the Antioch, Benicia-Martinez, Carquinez, Dumbarton, Richmond-San Rafael, San Francisco-Oakland Bay or San Mateo-Hayward bridges.
  • The FasTrak customer service center will waive all toll violation penalties during the period in which cash toll collection is suspended, and also will suspend the escalation of penalties for previous unpaid toll crossings.
  • Caltrans and BATA will monitor toll bridge operations and heed ongoing public health guidance before making any decisions about resuming cash toll collection at Bay Area toll bridges.

Ark Restaurants Announces Temporary Closure of Certain Restaurants and the Holding of the Annual Shareholders Meeting Virtually

Retrieved on: 
Tuesday, March 17, 2020

Our Florida and Alabama locations currently remain open for business but it is likely they will be required to close as well.

Key Points: 
  • Our Florida and Alabama locations currently remain open for business but it is likely they will be required to close as well.
  • ET at Bryant Park Grill, 25 West 40th Street, New York, New York, will be held virtually instead of in-person.
  • Shareholders that desire to attend virtually can utilize the following conference telephone lines: Toll Free 1-877-407-4018; Toll / International 1-201-689-8471.
  • Shareholders unable to attend at the designated time may listen to a play back of the proceedings between 1:00 p.m.

US-Bound Blue Water Bridge Tolling Temporarily To Go Cashless

Retrieved on: 
Monday, March 16, 2020

for US-bound traffic at the Blue Water Bridge.

Key Points: 
  • for US-bound traffic at the Blue Water Bridge.
  • FBCL continues to strongly encourage travellers to take advantage of the ease, speed and cost savings provided by the ConneXion pre-paid toll program.
  • In addition to discounted crossings, ConneXion gives travellers access to the convenience of automated tolling in all lanes.
  • FBCL's mandate is to provide the highest level of stewardship so that its international bridges and associated structures are safe and efficient for users.

TCA Ends Effort to Extend 241 Toll Road, Unanimously Supports Three-Project Solution to South Orange County Traffic Relief

Retrieved on: 
Thursday, March 12, 2020

These mobility improvement projects provide the necessary transportation benefits to fulfill the intent of the South County Traffic Relief Effort (SCTRE) Project.

Key Points: 
  • These mobility improvement projects provide the necessary transportation benefits to fulfill the intent of the South County Traffic Relief Effort (SCTRE) Project.
  • This formally concludes the SCTRE and completes the Transportation Corridor Agencies (TCA) effort to extend the 241 Toll Road.
  • Based on current traffic modeling and traffic projections, extending Los Patrones Parkway as an untolled county major thoroughfare accomplishes TCAs efforts to complete the southern extension of the 241 Toll Road.
  • As planned, the 241 Toll Road will transition into the untolled regional roadway network, similar to the 261 Toll Road and Jamboree Road.

Bestpass Launches Toll by Plate Solution for Commercial Fleets

Retrieved on: 
Monday, March 2, 2020

ALBANY, N.Y., March 2, 2020 /PRNewswire/ --Bestpass, a company that provides a comprehensive payment platform with a focus on toll management for commercial fleets, today announced that it has launched a toll by plate solution as a supplement to its nationwide transponder-based toll coverage.

Key Points: 
  • ALBANY, N.Y., March 2, 2020 /PRNewswire/ --Bestpass, a company that provides a comprehensive payment platform with a focus on toll management for commercial fleets, today announced that it has launched a toll by plate solution as a supplement to its nationwide transponder-based toll coverage.
  • "The rise of all-electronic tolling across the United States has led to an increase in unplanned toll by plate for commercial fleets," said John Andrews, president and CEO of Bestpass.
  • "By combining our traditional transponder-based coverage with this new toll by plate solution, we are able to provide an even more comprehensive toll management program for our customers."
  • Bestpass provides a comprehensive payment platform with a focus on nationwide toll management for commercial fleets of all shapes and sizes.