- In July 2023, Axxès, a leading provider of electronic toll services in Europe, joined the Avanci Aftermarket program, a platform that facilitates simplified patent licensing among technology owners. Through this collaboration, Axxès gains access to essential 2G, 3G, and 4G wireless patents, supporting over 40,000 clients and 300,000 equipped vehicles across European roads. This strategic move is expected to accelerate innovation and strengthen interoperability within the region’s electronic toll collection market.
- In June 2022, TransCore secured a key contract with the Thousand Islands Bridge Authority to modernize tolling infrastructure on the bridge connecting Wellesley Island (U.S.) and Hill Island (Canada). The project involves designing, developing, and maintaining an advanced ETC system to replace the existing manual setup. This initiative is aimed at improving operational efficiency and providing a seamless experience for cross-border travelers.
- In August 2021, Quarterhill Inc., known for its focus on Intelligent Transportation Systems (ITS) and intellectual property, announced the acquisition of Electronic Transaction Consultants, LLC from Align Capital Partners. The deal brings the innovative riteSuite platform under Quarterhill’s portfolio, enhancing its capabilities in customized mobility solutions. This acquisition is expected to drive growth and broaden the company’s footprint in the electronic toll collection landscape.
- In June 2021, the Ohio Turnpike and Infrastructure Commission (OTIC) extended its five-year partnership with TransCore to manage toll collection and customer service operations across Ohio’s turnpike network. TransCore will continue to oversee the functionality, maintenance, and customer support aspects of the ETC system, ensuring smooth and efficient operations across the state’s transportation infrastructure.
- In May 2021, the Metropolitan Transportation Authority (MTA) of New York awarded contracts totaling approximately USD 400 million to three companies to manage toll systems across its bridges and tunnels. This marks a shift from its long-standing reliance on Conduent Inc., as the MTA looks to diversify management and enhance operational efficiency. The move is part of a broader strategy to optimize toll system performance and improve service delivery throughout the region
