TransCore announced that its receipt of a VDOT contract to provide the dynamic pricing toll technology for the I-66 inside-the-beltway project “represents the first instance in the United States where volume-based dynamic pricing will be utilized along an entire roadway corridor to manage growing traffic congestion during peak periods.” The company added that it has created and operated “more than 470 miles of express lanes from California to Texas, Florida, and now Virginia.”
TransCore also announced it recently finished the installation of 37.8 miles of all-electronic toll system equipment along the Grand Parkway in metro Houston. The Fort Bend Grand Parkway Toll Road Authority and the Texas Department of Transportation chose TransCore to design, implement and maintain the comprehensive toll collection systems for the entire Grand Parkway, and for two segments of the Fort Bend Tollway and the Westpark Tollway.