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Quarterhill and Washington State DOT Launch $2.3 Million Initiative to Improve Truck Parking Safety on I-5
Prnewswire· 2025-10-14 10:30
Core Insights - The article discusses the deployment of a new Truck Parking Information Management System (TPIMS) by Quarterhill Inc. in partnership with the Washington State Department of Transportation (WSDOT) to enhance truck parking availability along Interstate 5 (I-5) [1][2]. Group 1: Project Overview - The TPIMS is a $2.3 million initiative aimed at addressing the critical issue of secure and reliable truck parking, which is a significant challenge in the freight industry [2]. - The initial deployment covers the I-5 corridor from Vancouver, Washington, to the Canadian border, with plans for future expansions along other major freight routes in Washington state [2]. Group 2: System Features - The system provides real-time updates on parking availability through dynamic signage, mobile platforms, and WSDOT's traveler information systems, improving visibility for truck drivers [4]. - Truck drivers can access real-time parking data via WSDOT's Parker Truck app and online landing pages, which also track the system's growth [4]. Group 3: Partnership and Impact - Quarterhill serves as a full-service delivery partner under WSDOT's statewide contract, providing engineering expertise, project management, and coordinating subcontractors [3]. - The project is seen as a collaboration between public agencies and private partners to enhance highway safety and improve freight movement efficiency [5]. - The initiative is expected to reduce fatigue-related risks for truck drivers, thereby improving overall roadway safety [6]. Group 4: Company Background - Quarterhill is recognized as a global leader in the Intelligent Transportation System (ITS) industry, focusing on smart infrastructure solutions that enhance mobility and safety [7]. - The company processes billions of transactions annually and utilizes advanced technologies like artificial intelligence and machine learning to optimize transportation networks [7].
Quarterhill Reaches Favorable Mediation Agreement, Strengthening Tolling Contract
Prnewswire· 2025-09-02 11:00
Core Viewpoint - Quarterhill Inc. has successfully resolved a contract renegotiation with a tolling customer, establishing a stronger partnership and improved terms for future collaboration [1][2][4]. Group 1: Contract Resolution Details - The resolution was achieved through constructive mediation, emphasizing a commitment to a long-term partnership [2]. - The agreement includes a one-time payment to Quarterhill in Q3 2025 for historical cost-recovery matters, along with improved payment terms and enhanced performance standards [3]. - The new contract structure aims to increase annual revenue while reducing costs, and includes a termination-for-convenience provision for a three-year operations and maintenance period [3]. Group 2: Strategic Implications - This resolution is seen as a significant milestone in Quarterhill's operational transformation, providing clarity for shareholders and reaffirming the company's commitment to strong customer relationships [4]. - The agreement is expected to create opportunities for both Quarterhill and its customer, enhancing predictability and setting the stage for long-term success [4]. - Quarterhill aims for technology-driven global leadership in the Intelligent Transportation System (ITS) industry through organic growth and an acquisition-oriented investment strategy [5].
Quarterhill Delivers Weigh-In-Motion Solutions to Improve Roadway Safety and Efficiency in Djibouti, South Korea, and Thailand
Prnewswire· 2025-08-05 11:00
Core Insights - Quarterhill Inc. has announced new international contracts in Djibouti, Thailand, and South Korea, marking its first deployment in Djibouti and expanding its presence in East Africa [1][10] - The Djibouti project features a comprehensive overweight enforcement solution utilizing high-speed and slow-speed weigh-in-motion technologies [2][3] - The company has received repeat orders from Thailand and South Korea, validating the performance of its weigh-in-motion systems in high-traffic environments [5][10] Djibouti Deployment - The Djibouti deployment includes two high-speed weigh-in-motion lanes and six slow-speed lanes for verifying overweight vehicles [2] - The enforcement infrastructure consists of iSINC-based electronics, integrated license plate readers, and barrier gates, managed through a centralized control room [3] - This project is part of a World Bank-funded infrastructure upgrade, with Quarterhill subcontracted through local partners [4] Technology and Performance - Quarterhill's weigh station software has been customized for the Djibouti project, featuring French language support and enhanced citation tracking [3] - The weigh-in-motion systems provide exceptional accuracy and are designed for long-term durability under heavy traffic conditions [6] - The technology is suitable for both high-speed monitoring and enforcement pre-screening applications across various environments [6] Market Demand and Growth - The recent contracts in Djibouti, South Korea, and Thailand indicate a growing demand for Quarterhill's weigh-in-motion technologies globally [7] - The company aims for technology-driven leadership in the Intelligent Transportation System (ITS) industry through organic growth and acquisitions [8]
Quarterhill to Announce Q2 2025 Financial Results
Prnewswire· 2025-07-30 11:00
Core Insights - Quarterhill Inc. will release its financial results for the three and six months ended June 30, 2025, on August 13, 2025 [1] - The conference call will be hosted by CEO Chuck Myers and CFO David Charron at 10:00 a.m. ET on the same day [1] Company Overview - Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry [3] - The company's strategy focuses on technology-driven global leadership in ITS through organic growth and an acquisition-oriented investment strategy [3] - Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF [3]
Quarterhill Announces System Acceptance of Transition of TxDOT's TxTag User Accounts to Harris County Toll Road Authority
Prnewswire· 2025-07-15 10:30
Core Insights - Quarterhill Inc. has successfully transitioned approximately one million TxTag user accounts to the Harris County Toll Road Authority (HCTRA) back office system, achieving system acceptance on March 14, 2025 [1][9] - The partnership between Quarterhill and HCTRA enhances operational efficiency and customer service for TxTag users, particularly in the Austin and Houston areas [3][5] Group 1: Company Overview - Quarterhill is a global leader in intelligent transportation system solutions, focusing on tolling and enforcement technologies [6] - The company has been a critical technology partner to HCTRA since 2002 and upgraded its back office system in 2017 [2] Group 2: Technological Advancements - Quarterhill's RiteHorizon™ solution is a multi-tenant back office system that allows transaction processing for multiple agencies, enhancing transaction tracking and revenue reporting [2] - The transition to HCTRA's back office system is expected to improve efficiency by consolidating customer service and support for TxDOT [3][4] Group 3: Customer Experience - The consolidation of TxTag user accounts under HCTRA aims to create a unified customer service experience for drivers, allowing them to continue using their current tags [3][9] - The partnership signifies a significant advancement towards simplified and efficient transportation solutions for the region [4]