Intelligent transportation system

Electronic Transaction Consultants and Central Texas Regional Mobility Authority Launch New Toll Service

Retrieved on:

Wednesday, October 11, 2023

This is the first of six toll road projects that will adopt ETC's toll collection system in the Greater Austin area.

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This is the first of six toll road projects that will adopt ETC's toll collection system in the Greater Austin area.
TORONTO, Oct. 11, 2023 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry, announces that its wholly-owned subsidiary, Electronic Transaction Consultants ("ETC"), has launched its new toll collection system with the Central Texas Regional Mobility Authority ("CTRMA") on State Highway 71 ("SH 71") in Austin, Texas.
The 71 Toll Lane on SH 71 is a major traffic corridor connecting drivers to Austin-Bergstrom International Airport, the city of Bastrop, and points beyond.
ETC has introduced a state-of-the-art toll collection system to enhance the toll experience along a bustling four-mile segment of SH 71.

Guardian Smart Infrastructure Management Announces First Direct Infrastructure Investment

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Tuesday, September 26, 2023

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TORONTO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (Guardian) (TSX:GCG) (TSX:GCG.A) announced today that Guardian Smart Infrastructure Management (GSIM), its direct private infrastructure investment management subsidiary, has made its initial infrastructure investment.

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TORONTO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (Guardian) (TSX:GCG) (TSX:GCG.A) announced today that Guardian Smart Infrastructure Management (GSIM), its direct private infrastructure investment management subsidiary, has made its initial infrastructure investment.
Funding for the initial investment and proposed follow-on investments was provided by Guardian and the GSIM management team for a total initial commitment of US$100 million.
Guardian CEO George Mavroudis said, “We formed our infrastructure strategy to invest in the growing number of opportunities where digital and traditional infrastructure are converging.
“The Q-Free investment is an important first step in our strategy of investment in the Intelligent Transportation Systems market.

Smarter Tech for Safer Roads: AWP Safety to Showcase Intelligent Traffic Control Solutions at The Utility Expo

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Wednesday, September 20, 2023

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Smart work zones increase safety and efficiency for utility construction projects, and AWP is leading the charge when it comes to protecting both workers and drivers.

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Smart work zones increase safety and efficiency for utility construction projects, and AWP is leading the charge when it comes to protecting both workers and drivers.
According to Mark Ludewig, Vice President of Safety for AWP Safety, "The data clearly shows that traffic technologies help people reach their destinations safely.
Utility Expo attendees can visit booth #S5013 to witness the practical application of smart work zone solutions.
They also help refine future traffic control strategies by tracking traffic speed and patterns with camera-equipped cones and barrels.

IRD Awarded $13.7 Million Hawaii Traffic Data Collection Contract

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Wednesday, September 13, 2023

Intelligence, Maintenance, IRD, Travel, CTM, Data collection, Quality of life, Hawaii Department of Transportation, Intelligent transportation system, The Company, Economic development, Artificial intelligence, TSX, Transport, Mobile phone

CTM systems collect traffic volume, speed, vehicle classification, and weight data to support HDOT's continuous traffic monitoring program.

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CTM systems collect traffic volume, speed, vehicle classification, and weight data to support HDOT's continuous traffic monitoring program.
This agreement involves the operation, data collection, data reporting, maintenance, and repair of all existing HDOT CTM sites, along with additional equipment installation.
Traffic data from the CTM systems will be used for traffic planning, noise studies, changes in highway travel patterns, and related factors.
Rish Malhotra, IRD's CEO, added, "IRD takes immense pride in our 25-year-long association with HDOT, one that has greatly contributed to the enduring success of their traffic data collection program.

Jacobs to Manage Intelligent Transportation System for Florida's Turnpike

Retrieved on:

Thursday, September 7, 2023

DALLAS, Sept. 7, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected to operate and maintain Intelligent Transportation Systems (ITS) and manage traffic operations for Florida's Turnpike Enterprise, a division of the Florida Department of Transportation. Jacobs will operate, manage and maintain more than 500 miles of ITS-connected roadway infrastructure across the state.

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DALLAS, Sept. 7, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected to operate and maintain Intelligent Transportation Systems (ITS) and manage traffic operations for Florida's Turnpike Enterprise, a division of the Florida Department of Transportation.
Jacobs will operate, manage and maintain more than 500 miles of ITS-connected roadway infrastructure across the state.
With full-time staff in place at turnpike locations, Jacobs will manage traffic operations, perform traffic engineering services, operate and manage ITS infrastructure including maintenance contracts, network and data security.
Jacobs also will manage contingency plans and response for emergencies and weather events and work with Florida's Turnpike Enterprise to consider and evaluate advanced data systems to improve safety and mobility on the transportation network.

Electronic Transaction Consultants Goes Live with its Ohio River Bridges Toll Services

Retrieved on:

Thursday, September 7, 2023

ORB's toll system supports economic development, propelled by safer and more efficient travel throughout the area.

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ORB's toll system supports economic development, propelled by safer and more efficient travel throughout the area.
TORONTO, Sept. 7, 2023 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry, announces that the transfer of the Louisville-Southern Indiana Ohio River Bridges – RiverLink Project' ("RiverLink") back-office toll operations to the Company's wholly-owned subsidiary, Electronic Transaction Consultants ("ETC"), is now complete.
ETC assumed management of RiverLink's customer service centers and back-office system on September 1, 2023.
The RiverLink toll system, operated by the Kentucky-Indiana Joint Board, consists of three bridges that span the Ohio River, connecting Louisville, Kentucky, and Southern Indiana.

Autoscope Technologies Corporation Announces Sale of RTMS Assets

Retrieved on:

Tuesday, September 5, 2023

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MINNEAPOLIS, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Autoscope Technologies Corporation (OTCQX: AATC) (Autoscope) announced today that Image Sensing Systems, Inc. (ISS), a wholly-owned subsidiary of Autoscope, has closed on its sale of all of the assets related to its RTMS radar detection product line to Sensys Networks, Inc. (Sensys Networks), a U.S. subsidiary of TagMaster AB, on August 31, 2023 for approximately $4.8 million in cash.

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MINNEAPOLIS, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Autoscope Technologies Corporation (OTCQX: AATC) (Autoscope) announced today that Image Sensing Systems, Inc. (ISS), a wholly-owned subsidiary of Autoscope, has closed on its sale of all of the assets related to its RTMS radar detection product line to Sensys Networks, Inc. (Sensys Networks), a U.S. subsidiary of TagMaster AB, on August 31, 2023 for approximately $4.8 million in cash.
The sale price is subject to certain customary post-closing adjustments that are expected to be immaterial and completed during the fourth quarter of 2023.
Autoscope announced the signing by ISS and Sensys Networks of a definitive agreement for the sale of the RTMS radar detection product line in Autoscope’s press release dated August 28, 2023.
ISS’s industry-leading Autoscope video detection solutions provide highly accurate and reliable intersection, highway, wrong-way detection and transportation data solutions.

Quarterhill Appoints Chuck Myers as CEO

Retrieved on:

Tuesday, September 5, 2023

TORONTO, Sept. 5, 2023 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry, announces that Chuck Myers, a member of its Board of Directors (the "Board"), has been appointed Chief Executive Officer ("CEO") of the Company.

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TORONTO, Sept. 5, 2023 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry, announces that Chuck Myers, a member of its Board of Directors (the "Board"), has been appointed Chief Executive Officer ("CEO") of the Company.
A member of the Quarterhill Board since May 2023, Mr. Myers most recently served as CEO and board member of Cogniac Corporation, a San Jose, California-based provider of enterprise-class AI deep learning solutions that automate visual inspection through image and video analysis.
"Chuck's ITS background, public company experience and familiarity with Quarterhill makes him the ideal CEO and leader for the Company," said Rusty Lewis, Chair of the Board at Quarterhill.
During this period, Mr. Myers played significant roles in several acquisitions including Syntonic, Cubic Toll Systems, and JHK Associates.

Autoscope Technologies Corporation Announces Sale of RTMS Assets

Retrieved on:

Monday, August 28, 2023

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MINNEAPOLIS, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Autoscope Technologies Corporation (OTCQX: AATC) (Autoscope) announced today that Image Sensing Systems, Inc. (ISS), a wholly-owned subsidiary of Autoscope, has signed a definitive agreement to sell all of the assets related to its RTMS radar detection product line to Sensys Networks, Inc. (Sensys Networks), a U.S. subsidiary of TagMaster AB, for approximately $4.8 million.

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MINNEAPOLIS, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Autoscope Technologies Corporation (OTCQX: AATC) (Autoscope) announced today that Image Sensing Systems, Inc. (ISS), a wholly-owned subsidiary of Autoscope, has signed a definitive agreement to sell all of the assets related to its RTMS radar detection product line to Sensys Networks, Inc. (Sensys Networks), a U.S. subsidiary of TagMaster AB, for approximately $4.8 million.
“We are pleased to be selling our RTMS radar detection product line to Sensys Networks, which is committed to growing the business globally,” said Interim CEO of Autoscope, Frank Hallowell.
“Further to our effort to position Autoscope for the future, the decision to sell the RTMS radar product offering to Sensys Networks allows us to focus on growing the Autoscope video detection product line.
ISS’s industry-leading Autoscope video detection and RTMS radar detection product lines provide highly accurate and reliable intersection, highway, and wrong-way detection and transportation data solutions.

Global Smart Highways Market Accelerates to $133 Billion by 2030; Intelligent Transportation Management Leads at 17.8% CAGR

Retrieved on:

Tuesday, August 22, 2023

Rise in Smart City Initiatives, the Cornerstone for the Growth of Smart Transportation

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Rise in Smart City Initiatives, the Cornerstone for the Growth of Smart Transportation
Robust Investments in Smart City ICT Technologies Provides the Foundation for the Growth of Smart Highways in Smart City Enablement: Global Market for Smart City Technologies (Hardware, Software, and Services) In US$ Million for the Years 2017 & 2020
Growing Investments in Infrastructure Development, Especially Roads & Highways, Drives Demand for a Broad Array of ITS Technologies
The Growing Need to Bridge Infrastructure Gap Which is the Highest for Roadways Promises Robust Opportunity for Smart Highways: Global Cumulative Investments in Roadways Vs Actual Need for the Period 2016-2040 (In US$ Billion)
Continuous Development of World's Highways to Expand Market Opportunities for Intelligent Transportation Systems (ITS) & Allied Markets: Length of Road Networks (In 000 Kilometers) in Top 15 Countries Worldwide for the Year 2018
The Unprecedented Rise of Connected Cars as the Future of Driving Fuels the Viability of Smart Highways: Global Number of Connected Cars Shipped (In 000 Units) for the Years 2017, 2019 and 2022
Telematics Plays a Huge Role in Automating Highways & Improving Safety on Roads, Which are the Primary Goals of Smart Highways: Global Automotive Telematics Market (In US$ Billion) for the Years 2017, 2019 and 2022
In a World Where Time is Money, the Rising Economic Cost of Excess Travel/Transit Delays Strengthens the Business Case for Electronic Tolling to Manage Vehicular Congestion: Breakdown of Annual Hours of Delay Due to Traffic Congestions in Select Countries & Cities Worldwide
China Emerges over the Horizon, With the World's Most Ambitious Smart Highway Plans