Company News - Page 2
Stay up to date with the latest Company News updates from the global road traffic industryJoint Venture Wins US State Highway Contract
A joint venture comprising Granite Construction Company and MCM Construction has secured a $72m contract from the California Department of Transportation in the US to reconstruct and widen...
ESCORT Releases Detectors Against False Traffic Alerts
US-based ESCORT has released a new product that allows radar detectors to work without false alerts generated by traffic flow monitoring systems. The company said radar detector users, who...
Wyless Delivers M2M Connectivity Solution
Wyless Group and its ecosystem partners are delivering end-to-end wireless connectivity applications to parking solution provider IPS Group for implementation in North America. The...
Road-Related Tourist Deaths Could Double
Worldwide tourist deaths on the roads could almost double to 45,000 in a decade and triple by 2030, according to a report. Currently, 25,000 tourists die in road accidents every year,...
IRD and PSI to Sell Advanced Road Monitoring System
Canada-based International Road Dynamics (IRD) said it will jointly market an advanced road monitoring system with Philippines-based PSI Technologies (PSI). The IRD-PSI "Know Your Road"...
Transurban Group Rejects Takeover Bid
Transurban Group has rejected the A$7.2bn ($6.4bn) takeover bid from three of its biggest shareholders referring to it as an inadequate price. The Canadian Pension Plan Investment Board,...
Zeag Introduces New Parking Pay Station for Smaller Owners
A new pay station for owners of smaller car parks, with up to 100 spaces, was introduced by Zeag. The new product ZEAG ORION Xbit can be wall or pedestal mounted, according to...
Teletrac and SpeedGauge Join Forces to Boost Fleet Vehicle Safety
Telematics provider Teletrac and software provider SpeedGauge have reached an agreement whereby Teletrac will provide SpeedGauge services as an integrated component of its fleet management system....
Global Fuel Cell Vehicle Sales to Hit 2.8m by 2020
The global sales of fuel cell vehicles (FCVs), fuel cell-powered vehicles running on hydrogen, will be more than 2.8 million by 2020, according to new research by US-based Pike Research. ...
Deal Awarded for $1bn Kosovo Highway Project
Turkish firm Enka and US-based Bechtel have secured a $1bn deal to build a highway across Kosovo. The 141km four-lane highway will link the country with Albania in the west and Serbia in...
Emcor to Support San Pedro's Traffic Surveillance Project
The Los Angeles Department of Public Works has awarded a contract to Emcor group to install electrical systems for the Automated Traffic Surveillance and Control (ATSAC) project in San Pedro, US. ...
Almost 10,000 US Road Projects Funded by Govt
The US Government has announced that at least 8,050 highway projects across the country have been funded by the Recovery Act money since investment became available in February. The...
Chevron Wins Road Safety Award
US-based company Chevron has won the Prince Michael International Road Safety Award for achievement and innovation in road safety. The award has been sponsored by UK-based FIA Foundation for...
Iteris Purchases Hamilton Signals
Provider of traffic management technologies, Iteris, has purchased the assets and intellectual property of Hamilton Signals to expand its portfolio in the traffic management market. The...
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