IP Library Granted Patent US 8,149,139
Granted Patent B2
US 8,149,139 · App. 12/476,355 · Granted Apr 3, 2012

Dynamic pricing for toll lanes

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Quick Facts
Patent No.
US 8,149,139
App. No.
12/476,355
Granted
Apr 3, 2012
Kind
B2
Abstract

The present invention provides a method and system for determining a toll charge for vehicles traveling on a toll lane that includes determining a change in traffic flow for vehicles traveling on the toll lane, determining a change in traffic speed for vehicles traveling on the toll lane, and determining the toll charge for vehicles traveling on the toll lane using a weighting approach that weights the change in traffic flow with a first factor and weights the change in speed with a second factor, the first factor depending on whether the change in traffic flow is increasing or decreasing, and the second factor depending on whether the change in speed is increasing or decreasing.

Claims (59)

1. A method executed using a dynamic pricing toll system for determining a toll charge for vehicles traveling on a toll lane, the method comprising:

determining via the toll system a rate of change in traffic flow of vehicles traveling on the toll lane;

determining via the toll system a rate of change in speed of vehicles traveling on the toll lane; and

determining via the toll system the toll charge for vehicles traveling on the toll lane using a weighting approach that weights the rate of change in traffic flow by a first factor and weights the rate of change in speed by a second factor, the first factor depending on whether the rate of change in traffic flow is increasing or decreasing, and the second factor depending on whether the rate of change in speed is increasing or decreasing.

2. The method of claim 1 , wherein the traffic flow is defined as a rate at which vehicles travel pass a section of the toll lane over a predetermined period of time.

3. The method of claim 1 , wherein the speed is defined as an average speed of vehicles traveling on the toll lane.

4. The method of claim 1 , wherein the determining via the toll system the change in traffic flow includes determining via the toll system a difference between a current traffic flow and a previous traffic flow.

5. The method of claim 4 , wherein the first factor is also dependent on the current traffic flow of vehicles traveling on the toll lane.

6. The method of claim 5 , wherein the first factor is greater for a current traffic flow that is proximate an optimum traffic flow than a current traffic flow that is proximate a minimum traffic flow, the optimum traffic flow and the minimum traffic flow being user-defined parameters.

7. The method of claim 1 , wherein the determining via the toll system the change in speed includes determining a difference between a current speed and a previous speed.

8. The method of claim 7 , wherein the second factor is also dependent on the current speed of vehicles traveling on the toll lane.

9. The method of claim 8 , wherein the second factor is greater for a current speed that is proximate an optimum speed than a current speed that is proximate a maximum speed, the optimum speed and the maximum speed being user-defined parameters.

10. A method executed using a dynamic pricing toll system for determining a toll charge for vehicles traveling on a toll lane, the method comprising:

determining via the toll system a rate of change in traffic flow and speed of vehicles traveling on a toll lane;

determining via the toll system a rate of change in traffic flow and speed of vehicles traveling on a non-toll lane that runs parallel with the toll lane;

weighting via the toll system the rate of change in traffic flow and speed of vehicles traveling on the toll lane in relation to a current traffic flow and speed for the toll lane;

weighting via the toll system the rate of change in traffic flow and speed of vehicles traveling on the non-toll lane in relation to a current traffic flow and speed for the non-toll lane; and

determining via the toll system the toll charge by combining the weighted rates of change in traffic flow and speed for the toll lane and the weighted rates of change in traffic flow and speed for the non-toll lane.

11. The method of claim 10 , wherein the determining the change in traffic flow and speed of vehicles traveling on the toll lane and non-toll lane includes:

determining via the toll system a difference between the current traffic flow and a previous traffic flow; and

determining via the toll system a difference between the current speed and a previous speed.

12. The method of claim 11 , wherein the weighting the change in traffic flow and speed of vehicles traveling on the toll lane includes:

weighting via the toll system the change in traffic flow of vehicles traveling on the toll lane by a first factor, the first factor depending on whether the change in traffic flow for the toll lane is increasing or decreasing; and

weighting via the toll system the change in speed of vehicles traveling on the toll lane by a second factor, the second factor depending on whether the change in speed for the toll lane is increasing or decreasing.

13. The method of claim 12 , wherein the weighting the change in traffic flow and speed of vehicles traveling on the non-toll lane includes:

weighting via the toll system the change in traffic flow of vehicles traveling on the non-toll lane by a third factor, the third factor depending on whether the change in traffic flow for the non-toll lane is increasing or decreasing; and

weighting via the toll system the change in speed of vehicles traveling on the non-toll lane by a fourth factor, the fourth factor depending on whether the change in speed for the non-toll lane is increasing or decreasing.

14. The method of claim 10 , wherein the traffic flow is defined as a rate at which vehicles travel pass a section of the toll lane or non-toll lane over a predetermined period of time;

wherein the speed is defined as an average speed of vehicles.

15. A toll system comprising:

a first sensor for sensing a traffic flow of vehicles traveling on a toll lane;

a second sensor for sensing a speed of vehicles traveling on the toll lane; and

a controller operatively coupled to the first and second sensors for receiving information regarding the traffic flow and the speed, of vehicles traveling on the toll lane and configured to:

determine a rate of change in the traffic flow of vehicles traveling on the toll lane;

determine a rate of change in the speed of vehicles traveling on the toll lane; and

determine a toll charge for vehicles traveling on the toll lane using a weighting approach that weights the rate of change in the traffic flow by a first factor and weights the rate of change in the speed by a second factor, the first factor depending on whether the rate of change in traffic flow is increasing or decreasing, and the second factor depending on whether the rate of change in speed is increasing or decreasing.

16. The toll system of claim 15 , wherein the change in the traffic flow of vehicles traveling on the toll lane is defined as a difference between a traffic flow determined at a current point in time and a traffic flow determined at a previous point in time; and

wherein the change in the speed of vehicles traveling on the toll lane is defined as a difference between a speed determined at the current point in time and a speed determined at the previous point in time.

17. The toll system of claim 16 , wherein the first factor is also dependent on the current traffic flow of vehicles traveling on the toll lane; and

wherein the second factor is also dependent on the current speed of vehicles traveling on the toll lane.

18. The toll system of claim 17 , wherein the first factor is greater for a current traffic flow near an optimum traffic flow as compared to a current traffic flow near a minimum traffic flow, the optimum traffic flow and minimum traffic flow being user-defined parameters;

wherein the second factor is greater for a current speed near an optimum speed as compared to a current speed near a maximum speed, the optimum speed and maximum speed being user-defined parameters.

19. The toll system of claim 15 , further comprising:

a third sensor for sensing a traffic flow of vehicles traveling on a non-toll lane; and

a fourth sensor for sensing a speed of vehicles traveling on the non-toll lane;

wherein the controller is operatively coupled to the third and fourth sensors for receiving information regarding the traffic flow and the speed of vehicles traveling on the non-toll lane and configured to:

determine a rate of change in the traffic flow of vehicles traveling on the non-toll lane;

determine a rate of change in the speed of vehicles traveling on the non-toll lane;

weight the change in traffic flow of vehicles traveling on the non-toll lane by a third factor, the third factor depending on whether the rate of change in traffic flow for the non-toll lane is increasing or decreasing;

weight the rate of change in speed of vehicles traveling on the non-toll lane by a fourth factor, the fourth factor depending on whether the rate of change in speed for the non-toll lane is increasing a decreasing; and

determine the toll charge by combining the weighted rate of change in traffic flow and speed for the toll lane and the weighted rate of change in traffic flow and speed for the non-toll lane.

20. The toll system of claim 19 , wherein the change in the traffic flow of vehicles traveling on the non-toll lane is defined as a difference between a traffic flow determined at a current point in time and a traffic flow determined at a previous point in time; and

wherein the change in the speed of vehicles traveling on the non-toll lane is defined as a difference between a speed determined at the current point in time and a speed determined at the previous point in time.

21. A method executed using a dynamic pricing toll system for determining a toll charge for vehicles traveling on a toll lane, the method comprising:

determining via the toll system a rate of change in traffic flow of vehicles traveling on the toll lane, the traffic flow being defined as a rate at which vehicles travel pass a section of the toll lane over a predetermined period of time;

determining via the toll system a rate of change in speed of vehicles traveling on the toll lane, the speed being defined as an average speed of vehicles traveling on the toll lane;

predicting oncoming traffic conditions via the toll system using a weighting approach that weights the rate of change in traffic flow by a first factor and weights the rate of change in speed by a second factor, the first factor depending on whether the rate of change in traffic flow is increasing or decreasing, and the second factor depending on whether the rate of change in speed is increasing or decreasing; and

determining via the toll system the toll charge for vehicles traveling on the toll lane based on the predicted oncoming traffic conditions.

22. The method of claim 21 , wherein the first factor is also dependent on the current traffic flow of vehicles traveling on the toll lane, and the second factor is also dependent on the current speed of the vehicles traveling on the toll lane.

Assignments (8)
RELEASE OF INTELLECTUAL PROPERTY SECURITY AGREEMENT Recorded May 14, 2026
From: ROYAL BANK OF CANADA
To: INTERNATIONAL ROAD DYNAMICS INC.; ELECTRONIC TRANSACTION CONSULTANTS, LLC
Reel/Frame 075581/0847 →
SECURITY INTEREST Recorded Sep 27, 2021
From: ELECTRONIC TRANSACTION CONSULTANTS, LLC
To: HSBC BANK CANADA
Reel/Frame 057612/0299 →
RELEASE OF SECURITY INTEREST Recorded Sep 2, 2021
From: CAPITAL SOUTHWEST CORPORATION
To: ELECTRONIC TRANSACTION CONSULTANTS, LLC
Reel/Frame 057367/0778 →
INTELLECTUAL PROPERTY SECURITY AGREEMENT Recorded Aug 13, 2020
From: ELECTRONIC TRANSACTION CONSULTANTS, LLC
To: CAPITAL SOUTHWEST CORPORATION, AS AGENT
Reel/Frame 053495/0098 →
ENTITY CONVERSION Recorded Jul 28, 2020
From: ELECTRONIC TRANSACTION CONSULTANTS CORPORATION
To: ELECTRONIC TRANSACTION CONSULTANTS, LLC
Reel/Frame 053337/0024 →
RELEASE OF SECURITY INTEREST Recorded Jun 12, 2019
From: THE F&M BANK & TRUST COMPANY
To: ELECTRONIC TRANSACTION CONSULTANTS CORPORATION
Reel/Frame 049451/0201 →
SECURITY AGREEMENT Recorded Feb 9, 2012
From: ELECTRONIC TRANSACTION CONSULTANTS CORPORATION
To: THE F&M BANK & TRUST COMPANY
Reel/Frame 027682/0633 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 2, 2009
From: COFFEE, BRETT; LAIN, MARTY
To: ELECTRONIC TRANSACTION CONSULTANTS CORP.
Reel/Frame 022763/0658 →