Quarterhill and Washington State DOT Launch $2.3 Million Initiative to Improve Truck Parking Safety on I-5
Quarterhill and Washington State DOT Launch $2.3 Million Initiative to Improve Truck Parking Safety on I-5 |
| [14-October-2025] |
Public-Private Partnership Expands Real-Time Truck Parking Information System, Enhancing Safety and Freight Efficiency Along Washington's I-5 Corridor TORONTO , Oct. 14, 2025 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading global provider of intelligent transportation system ("ITS") solutions, together with longtime partner the Washington State Department of Transportation ("WSDOT"), announces the deployment of a new Truck Parking Information Management System ("TPIMS") designed to help truck drivers quickly locate available parking at rest areas along Interstate 5 ("I-5"). The $2.3 million safety-focused initiative addresses one of the freight industry's most pressing challenges: secure and reliable truck parking. By improving visibility into available spaces, the technology helps reduce fatigue-related risks and supports safer, more efficient freight movement across Washington state. The initial deployment spans the I-5 corridor from Vancouver, Washington, to the Canadian border, with WSDOT planning future expansions along other major freight routes statewide. Under WSDOT's statewide contract, Quarterhill has served as a full-service delivery partner, providing engineering expertise, project management, and field resources, while coordinating subcontractors and expediting equipment procurement. The system integrates WSDOT's selected technology and data developed in partnership with university researchers to provide real-time parking availability updates. Information is shared through dynamic signage, mobile platforms, and WSDOT's traveler information systems, giving truck drivers greater visibility and helping optimize use of limited parking spaces along the critical I-5 freight corridor. Truck drivers can also access real-time parking data through WSDOT's Parker Truck app and accompanying online landing pages to track the growth of the system. "This project is a prime example of how public agencies and private partners can work together to improve highway safety," said Matt Neeley, State Traffic Systems Development Engineer for WSDOT. "Reliable access to truck parking information not only supports safer freight movement but also strengthens the resilience of Washington's transportation network for all road users." With this project, Quarterhill further demonstrates its versatility as a complete solutions provider, partnering with agencies from planning and procurement through to implementation and long-term operations. "We are proud to continue our partnership with WSDOT on this important initiative," said Quarterhill CEO Chuck Myers. "By helping truck drivers plan ahead and find safe places to rest, the project directly improves roadway safety, reduces fatigue-related risks, and helps keep freight moving efficiently across Washington's most vital corridor." To learn more about Quarterhill, please visit the Quarterhill.com. About Quarterhill Forward-looking Information Forward-looking statements involve known and unknown risks, assumptions, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Material risk factors that could cause actual results to differ materially from the forward-looking statements contained in this news release include, among others, demand for Quarterhill's products and services; general economic and market conditions; competition; risks relating to technological advances and cyber-security; force majeure risks; risks associated with operations in foreign countries, including but not limited to changes in government policies, political or economic instability, currency fluctuations, difficulties in enforcing contracts and intellectual property rights, differing regulatory and legal requirements, and potential difficulties in repatriating funds; and other risks set forth in the Company's most recent annual information form available on SEDAR+ at www.sedarplus.ca. The Company believes the expectations reflected in the forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. Material factors and assumptions used to develop the forward-looking statements contained in this news release include, among others: Quarterhill's ability to execute on its business plan; demand for Quarterhill's products and services; operating assumptions; and financial projections and cost estimates. The foregoing lists are not exhaustive. Additional information on these and other factors which could affect the Company's operations or financial results are included in the Company's most recent annual information form and other public documents on file with the Canadian Securities regulatory authorities on www.sedarplus.ca. The forward-looking statements represent the Company's views as at the date of this news release. There can be no assurance that forward-looking statements will prove to be accurate, as actual events and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on any forward-looking statement. The Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
SOURCE Quarterhill Inc. | ||
Company Codes: OTC-QX:QTRHF,Toronto:QTRH,OTC-BB:QTRHF,OTC-PINK:QTRHF,OTCQX:QTRHF |
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