10 Apr TransCore Selected to Deploy the Commonwealth of Virginia’s Latest Express Lane Toll Project
NASHVILLE, TN (GLOBE NEWSWIRE) – TransCore has commenced work to design, build, and maintain the Virginia Department of Transportation’s (VDOT) latest express toll lanes along the I-64 corridor in Hampton Roads, Virginia. Announcement of the award follows TransCore’s selection by VDOT last July to implement its toll technology along the I-66 corridor inside of Washington D.C.’s Capital Beltway, which remains on schedule for completion this year.
TransCore’s demonstrated ability to meet fast-track tolling project schedules will enable VDOT to complete the I-64 project in the fall of 2017. Segment 1 of the project converts two reversible High Occupancy Vehicle (HOV) lanes between I-564 and I-264 to new dynamically-priced express lanes that utilize TransCore’s flagship Infinity Express lane solution. Infinity Express tightly integrates with TransCore’s Advanced Traffic Management System, TransSuite®, to further enhance VDOT’s ability to monitor and respond to traffic conditions and congestion in real time. As part of the I-64 contract, TransCore will maintain the new express lane system for up to 16 years.
Since developing the country’s first High Occupancy Toll (HOT) lane system in San Diego, TransCore has deployed and operated over 600 miles of HOT/express lanes across California, Texas, Florida, North Carolina, and Virginia. TransCore’s coast-to-coast deployments constitute the overwhelming majority of all express lanes in the United States and the largest systems in the U.S.
TransCore has worked in close partnership with VDOT over the last 42 years on a number of electronic tolling projects, such as the George P. Coleman Bridge, the Powhite Parkway, the I-66 Express Lanes and now the I-64 Express Lanes.
“We are truly honored that VDOT continues to place its trust in TransCore to deliver on the Commonwealth’s most complex toll projects and challenging deployment schedules,” said Whitt Hall, senior vice president, TransCore. “We share VDOT’s mission to increase driver mobility on existing roadways through use of the most innovative and reliable tolling solutions available.”
About TransCore
A leader in the transportation industry, TransCore provides innovative, technical solutions and engineering services for applications encompassing next generation Open Road Tolling and Traffic Management Systems. The company operates award-winning tolling customer service centers for departments of transportation throughout the U.S. and internationally. A pioneer in Radio Frequency Identification systems used in the transportation industry, TransCore secures access for airports, hospitals, parking garages, border patrols, trucking fleets and the rail industry.
Based in Nashville, Tenn., TransCore is a wholly-owned subsidiary of Roper Technologies, a diversified technology company in the S&P 500, Fortune 1000, and Russell 1000 indices.