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.
Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Q-Free awarded free flow toll extension in Portugal
    August 10, 2015
    Portuguese motorways operator Ascendi has awarded Q-Free a US$19 million contract for the renewal and extension of service and maintenance of several of the Ascendi multi-lane free flow toll (MLFF) concessions for a further six years. Ascendi is said to be the largest European private operator, providing automatic vehicle classification of four vehicle classes including HGVs and light passenger vehicles. The company has 128 collection points installed and processes around one million transactions per da
    Read More
  • Michelin to acquire Sascar
    June 9, 2014
    In a deal valued at a total of US$709 million, Michelin has announced its intention to acquire all outstanding shares of Sascar, the leading Brazilian digital fleet management and freight security company. The acquisition will enable Michelin to expand its service offering for truckers and to speed the growth of its truck tyre business in Brazil, while Sascar will gain access to Michelin’s major customers in South America. of this company, whose business model has proved its worth in Brazil (33,000 f
    Read More
  • Moscow is world’s most gridlocked city, says Inrix
    February 21, 2019
    Moscow is the most gridlocked city in the world, according to a survey of snarl-ups by Inrix. The company’s annual Global Traffic Scorecard found that road users in the Russian capital lost 210 hours last year because of congestion. Inrix weights the data for population, and found that the next four cities on the congestion roll-call were Istanbul, Turkey; Bogota, Colombia; Mexico City; and São Paulo, Brazil. Brazil had another entry on this unwanted list, with Rio de Janeiro in seventh place. Russ
    Read More
  • Watch your step: the sidewalk robots are here
    March 14, 2023
    The way we order and pay for goods has changed radically – but what about how those goods are delivered? Gordon Feller looks at how sidewalk robots might reshape the urban landscape
    Read More

Highlighted Content