TransCore
is a leading provider of comprehensive information technology
solutions to operators and users of surface transportation infrastructure
in targeted markets within the transportation industry. The
Company’s software, services and products are designed
to improve efficiencies for its customers, who are primarily
toll road authorities, state departments of transportation and
trucking companies and other shippers. TransCore utilizes
technology to capture, process and distribute data for its customers
on a real-time integrated basis.
Budgetary constraints on states,
legislation enabling interstate tolling, and increased demands
upon the capacity of existing infrastructure have all contributed
to the growth of the market. In addition, the increasing
importance of homeland security in light of heightened terrorist
activity and the persistent movement of illegal goods and individuals
across U.S. borders is creating a large opportunity for security
applications in both commercial and governmental technology applications.
Headquarters maintained in Harrisburg, Pennsylvania.
Services provided in each business segment include
the following:
- Integrated software
solutions for such applications as toll collection, border
crossings, high occupancy toll lanes, and customer service
centers that distribute wireless toll transponders, process
electronic transactions and process video images of toll violators
using optical character recognition technology.
- Systems
used to monitor and optimize traffic flow in congested areas
such as highway ramp meters, coordination of city traffic lights
and highway message boards. Radio Frequency Identification:
Wireless data technology for ITS and related supply chain
markets, such as electronic toll and traffic management;
tracking rail, intermodal (freight containers) and commercial
vehicle fleets; and access control for parking, security,
airports and ground transportation.
- Full service, internet-enabled
freight matching services for small to medium long haul trucking
companies.
United States and selected international markets.
State and local government entities as well as commercial
customers.