Skip to main content

Q-Free wins in Brazil again

Q-Free has been awarded a new frame agreement for delivery of tolling tags from Centro Gestao Meios de Pagto (CGMP), Brazil's Centro tag distributor, valued at US$12, with a guaranteed volume of just over $4 million.
August 16, 2012 Read time: 1 min
108 Q-Free has been awarded a new frame agreement for delivery of tolling tags from Centro Gestao Meios de Pagto (CGMP), Brazil's Centro tag distributor, valued at US$12, with a guaranteed volume of just over $4 million.
  
This new frame agreement is the second that Q-Free has received from CGMP for tags and roadside equipment. In October 2010, the company won a US$34.25 million agreement and last December, Q-Free announced a call of $8.68 million from that original frame agreement. At the time, Q-Free revealed it had supplied over four million toll tags to the Brazilian market.

For more information on companies in this article

Related Content

  • TomTom traffic index shows increase in UK congestion
    April 1, 2015
    TomTom’s today 5th annual Traffic Index, the barometer of traffic congestion in over 200 cities worldwide, reveals rising congestion levels around the globe In addition, for the first time, the Index took an in-depth look at the true impact of rush hour traffic on the work week, uncovering that evening rush hour nearly doubles the journey time for car commuters. The analysis of 12 trillion pieces of traffic data worldwide revealed that the evening rush hour is the most congested time of day. Traffic co
  • Tolling systems - interoperability is key
    January 25, 2012
    Is US tolling as fragmented and divided as some would have you believe? And are the technology suppliers so very entrenched? ITS International spoke to the market's leading suppliers. A few years back, the prevalent view was that the North American tolling market was characterised by fragmented, proprietary solutions, each existing in splendid isolation. The reality is that a combination of pragmatism and good old market forces have seen some concerted moves made towards interoperability in many areas.
  • CheckMyBus and ClickBus partner in Brazil
    April 12, 2016
    International bus search engine CheckMyBus has teamed up with online bus ticket platform ClickBus, just in time for Olympic Games in Rio and enabling national and international travellers to locate bus connections in Brazil. The CheckMyBus bus search engine shows real-time schedules and prices in more than 50 countries, including Brazil. With more than 300 bus operators and millions of weekly departures CheckMyBus gives the user access to the world’s largest virtual bus network. Online bus ticketing
  • Q-Free reports a positive third quarter
    October 31, 2013
    profitability in the third quarter. Revenue increased 10 per cent to US$28.6 million, with operating profit of US$8.4 million and a profit before tax of US$1.2 million. This compares to a negative operating result of US$3.9 million and a loss before tax of US$3.7 million in the third quarter 2012. Q-Free has also strengthened its efforts in advanced transportation management systems (ATMS) through an investment in the American traffic management company Intelight in Tucson, Arizona, and acquisition of th