PrePass Safety Alliance acquires technology company CVO

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PrePass Safety Alliance has acquired CVO Holding Co., the Phoenix-based nonprofit announced on July 12.

Terms of the agreement were not made public.

In a press release, PrePass noted that its relationship with Connected Vehicle Optimization, also based in Phoenix, dates back to 1993, when PrePass was founded.

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“This is the perfect combination of two organizations that introduced the concept of connected vehicle technology to the trucking industry and have been leading the way ever since. CVO has supported PrePass since its inception, helping to establish the program as the leading weigh station bypass service in America,” PrePass Safety Alliance CEO Mark Doughty said in a statement. “The Alliance views this strategic acquisition as an exciting opportunity to better serve its state and industry partners while fulfilling our nonprofit mission to make highways safer and more efficient through innovative data-driven solutions.”

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Since PrePass launched its weigh station bypass program, the company said it has provided more than 1 billion safe bypasses of open weigh stations, saving the trucking industry more than $7.9 billion in operating costs and 405 million gallons of diesel fuel.

More than 105,000 motor carriers and approximately 700,000 trucks use PrePass and its electronic toll and bypass services.

The company said that by using its system, truck-related pollution has been reduced by more than 905,000 metric tons of emissions, equivalent to removing 161,000 automobiles from the nation’s roads.

Beginning in 1993, with the advent of radio frequency identification (RFID) technology, PrePass and CVO worked to improve weighbridge bypass, connected commercial vehicles, electronic tolling and other payment technologies .

Skip Kinford

Kinford

“For nearly 30 years, the CVO team has provided industry-leading technology and world-class support to the PrePass Safety Alliance and the PrePass program,” CVO Holdings CEO Skip Kinford said in a statement. “This acquisition creates an alignment of effort and focus between our organizations that will drive the next generation of commercial vehicle safety innovations. We are excited to join the Alliance as a team with one mission.

While working primarily in the trucking industry, CVO operated as a division of Lockheed, Xerox, and Conduent. Going forward, CVO will operate as a separate but wholly owned subsidiary of the Alliance.

PrePass Safety Alliance says that after nearly 30 years, it remains the only weigh station preclearance provider that offers trucking companies multiple bypass technology choices, including an app, which includes driver safety alerts in real time that can work as a standalone application or with the PrePass RFID Transponder.

CVO has worked for decades with government agencies and private companies across the United States and Canada. The company said on its website that it specializes in systems integration, complex technologies and infrastructure to deliver connected vehicle solutions.

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