Craig Marris's Profile

Hi Suresh, for commercial vehicles they have to file quarterly fuel tax (IFTA) – which is based on where they purchased fuel and the distance they traveled in each state, they can claim back the miles that were traveled back on the toll roads. What our platform does is recognize those miles and automatically calculates the distance using some clever algorithms. But today the tolls in the US are not mileage based for passenger vehicles. Our technology would allow you to remove all the expensive infrastructure to support tolls roads as you are continuously monitoring where vehicles are. It would also allow to apply cheaper rates for travel in non peak periods and higher rates for peak periods. Credits would also be applied to non public road travel e.g. truck stops, large warehouse facilities, farm roads etc. In reality, a mileage based user system would work with tolls roads as they won’t go away soon.