IRD to supply WIM equipment to Paraguay

The Chilean subsidiary of Canadian highway traffic management technology company International Road Dynamics (IRD) has been awarded a major contract state of the art weigh in motion (WIM) and related control equipment to a customer in Paraguay. The contract, valued at around US$3.6 million, was awarded to PAT Traffic and also includes a central control centre connected to all the weigh stations to provide real-time station management and statistical reporting. It is anticipated the project will be completed
December 13, 2012 Read time: 2 mins
The Chilean subsidiary of Canadian highway traffic management technology company 69 International Road Dynamics (IRD) has been awarded a major contract state of the art weigh in motion (WIM) and related control equipment to a customer in Paraguay.

The contract, valued at around US$3.6 million, was awarded to 7020 Pat-Traffic and also includes a central control centre connected to all the weigh stations to provide real-time station management and statistical reporting. It is anticipated the project will be completed before the end of 2013.
 
“This key new contract will provide Paraguay with the latest technologies and solutions to manage its roadway and highway infrastructure, an important element in the country’s economic prosperity,” commented Terry Bergan, IRD’s President and CEO. “Our team in Chile continues to successfully and profitably build its installed base and reputation for high quality service and support throughout South America, and we look forward to continued growth in the region going forward.”
Classification & Data Collection

For more information on companies in this article

Related Content

  • North Carolina DoT awards IRD $2.98m WiM contract
    November 8, 2023
    New agreement creates a single statewide maintenance agreement with NCDoT
    Read More
  • IRD sets up virtual WiM systems in Illinois
    April 4, 2023
    Three new VWiM systems will be installed at two sites on I-294 and I-88
    Read More
  • IRD announces ‘record results’ for fiscal 2015
    February 23, 2016
    International Road Dynamics (IRD has announced record financial and operating results for the three and twelve months ended 30 November 2015. The company saw net earnings increased 85 per cent to US$1.8 (CA$2.5) million, with revenue up 29 per cent to US$42 (CA$58) million on growth in key geographic markets and product segments. EBITDA rose by 58 per cent on revenue growth and strong gross margin. "We generated record results in fiscal 2015, the result of strong growth in all of our major markets a
    Read More
  • Solid growth for IRD
    April 14, 2015
    International Road Dynamics showed solid growth for the three months ended 28 February, with revenue up 3.6 per cent in key geographic markets and product segments. The company’s gross margin continues to strengthen, up 11.6 per cent from last year's first quarter, rising to 30.6 per cent of revenues from 28.4 per cent last year. It reports a stable financial position with working capital rising to US$7.7 million and forecasts continued growth through the balance of fiscal 2015. "Following solid growth
    Read More

Highlighted Content