Technology Hardware, Storage and Peripherals
Company Overview of TransCore, LP
TransCore, LP manufactures all-electronic and open road tolling solutions, intelligent transportation systems, and radio-frequency identification (RFID) technology solutions for transportation applications worldwide. Its tolling systems include digital lane systems, traditional tolling solutions, express lane solutions, and toll maintenance solutions. The company’s RFID solutions comprise airport RFID services, such as parking and access control, system design and integration, hardware and software, revenue management, and commercial vehicle management systems (taxi dispatch); parking and access control solutions; homeland security solutions; fleet RFID solutions; rail and intermodal solutio...
150 4th Avenue North
Nashville, TN 37219
Founded in 1994
Key Executives for TransCore, LP
Chief Financial Officer and Executive Vice President
Executive Vice President of Operations
Chief Technical Officer and Executive Vice President
Compensation as of Fiscal Year 2016.
TransCore, LP Key Developments
The Virginia Department of Transportation Selects TransCore to Bring DC Metro Area the Nations First All Dynamically-Priced Roadway
Jul 20 16
The Virginia Department of Transportation (VDOT) has selected TransCore to implement its dynamic pricing toll technology along the I-66 corridor inside of Washington D.C.’s Capital Beltway. The 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. Converting to dynamically-priced lanes has become a popular, cost-effective strategy to provide reliable travel times and maximize capacity utilization on existing roadways in major urban areas across the country. VDOT’s initiative goes one step further by demonstrating how volume-based dynamic pricing can be utilized as an effective travel demand and corridor management tool. The project allows toll rates for all travel lanes to be adjusted in real-time as congestion levels change along I-66, connecting roadways, and adjacent arterial corridors. Once completed, all motorists will continue to travel for free along the corridor during off-peak hours. During peak hours, drivers of single occupant vehicles can access the new dynamically-priced roadway by paying a toll. The prevailing toll rate will be prominently displayed on dynamic message signs leading to the roadway so that drivers of single occupant vehicles have ample time to decide whether to merge onto I-66 well in advance of each entrance point. TransCore’s express lane solution utilizes its Infinity Digital Lane System™ and is known as Infinity Express. The innovative system utilizes E-ZPass readers along with advanced sensors, imaging devices, and software to dynamically determine toll rates that are based upon real-time traffic conditions. TransCore will also integrate its Advanced Traffic Management System, TransSuite, which further enhances VDOT’s ability to monitor traffic conditions and congestion throughout the corridor, allowing real-time response and management through the immediate exchange of data.
TransCore Secures 5 Year Contract with Ohio Turnpike and Infrastructure Commission
Jul 5 16
The Ohio Turnpike and Infrastructure Commission has extended its statewide toll collection system and customer service center maintenance services contract with TransCore another five years through May 31, 2021. The company will continue to maintain all facets of the OTIC's toll collection system located throughout Ohio's turnpike network as well as the customer service center system located in Berea, Ohio.
TransCore Wins Additional Five-Year Contract on the Ohio Turnpike
Jun 28 16
The Ohio Turnpike and Infrastructure Commission has extended its statewide toll collection system and customer service center maintenance services contract with TransCore another five years through May 31, 2021. TransCore will continue to maintain all facets of the OTIC’s toll collection system located throughout Ohio’s turnpike network as well as the customer service center system located in Berea, Ohio.
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