Quarterhill’s International Road Dynamics subsidiary to maintain and service commercial vehicle enforcement technology

  • Quarterhill secures C$4.1 million contract from North Carolina Department of Transportation
  • Contract is for maintaining and servicing commercial vehicle enforcement technology
  • Covers 18 permanent and virtual truck weigh stations in the state
  • Part of Quarterhill’s recent string of contract wins

Quarterhill, a leading technology company, has secured a significant contract worth C$4.1 million from the North Carolina Department of Transportation. The contract, awarded to Quarterhill’s subsidiary International Road Dynamics, involves the maintenance, service, repair, and calibration of commercial vehicle enforcement technology. This three-year agreement will cover 18 permanent and virtual truck weigh stations across the state. This contract is part of Quarterhill’s recent success in securing various contracts, including a C$2.8 million deal to supply a high-speed weigh-in-motion preclearance system and screening system in California.

Factuality Level: 8
Factuality Justification: The article provides specific details about the contract received by Quarterhill’s International Road Dynamics subsidiary from the North Carolina Department of Transportation. It also mentions other contracts recently landed by Quarterhill. The information seems to be factual and does not contain any obvious bias or misleading information.
Noise Level: 8
Noise Justification: The article provides some basic information about a contract received by Quarterhill’s subsidiary, but it lacks depth and analysis. It does not explore the long-term trends or consequences of the contract, nor does it provide evidence or examples to support its claims. The article also does not offer any actionable insights or solutions. Overall, it contains mostly filler content and does not meet the criteria for a high-quality article.
Financial Relevance: Yes
Financial Markets Impacted: Quarterhill
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to a financial contract received by Quarterhill’s subsidiary, International Road Dynamics, from the North Carolina Department of Transportation. There is no mention of any extreme event or its impact in the article.
Public Companies: Quarterhill (N/A), North Carolina Department of Transportation (N/A)
Private Companies: International Road Dynamics
Key People:

Reported publicly: www.marketwatch.com