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Quarterhill Inc T.QTRH

Alternate Symbol(s):  QTRHF | T.QTRH.DB

Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions include congestion charging, performance management, insights & analytics, analytics, toll interoperability, mobility marketplace, maintenance, e-screening, tire anomaly detection, multi-modal data, intersection management, and others. Its tolling includes roadside technologies, commerce and mobility platforms, audit and enforcement, and tolling services. Its safety and enforcement comprise commercial vehicles, automated enforcement, freight mobility, smart transportation, and data solutions. The Company’s wholly owned subsidiary is International Road Dynamics Inc.


TSX:QTRH - Post by User

Comment by cabbieJBJon Mar 27, 2024 4:44pm
122 Views
Post# 35956525

RE:Congestion tolls New York.

RE:Congestion tolls New York. Thanks for posting this timclarkes.  Definitely, congestion pricing opportunities should be on QTRH's radar in the future.

The NYC award you posted, which went to TransCore, predated the acquisition of ETC by QTRH in 2021, although ETC was reportedly a bidder or at least a party submitting on the Request for Technology in early 2019.  The word on the street was that the MTA was very impressed with ETC's technology and its capabilities, but ETC was not reasonably in a position to win the bid, from the perspectives of ownership at the time (in or transitioning from Atlantia to Align Capital private equity) and financial resources and possibly more.

Despite the court, community groups and political challenges to implementation of congestion pricing in NYC, it is now ready to go. 

There is a fairly broad consensus that more major USA metropolitan areas will consider this type of policy direction in the future.  It's reasonable to expect that QTRH will be at the front of the line on those bids.  Due to the importance of accuracy, Red Fox's classification technology definitely plays on congestion pricing opportunities for QTRH, as does weigh-in-motion technology from the team at IRD.

So timclarkes, I'm with you on getting congestion pricing business.  While it won't be from this NYC program, congestion pricing is another reason why the long term ITS landscape is so fertile.  All levels of government need money and user-pay and climate provide ready made, publically acceptable rationales.
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