Southland Holdings’ Post

Transcript

We're at milepost 3:30 here in Montgomery County. This is the new ORT gantries can be getting turned on soon in the eastern portion of the Pennsylvania Turnpike system. This gantry contains all the new toll by plate and easy pass equipment for the new tolling system. When you go through a legacy Plaza, there's all kinds of steel and concrete that are basically in your way. Open Rd. tolling will simplify a customer's. Pathway these locations are going to be in between interchanges where they don't need to make a decision. Our lanes out here at 12 foot wide. This location has three travel lanes in each direction and we also have a shoulder. It'll pick customers up and there's nothing to like steer around you just drive like you're normally driving on a highway. Over the past couple of years we've been building these new installations from east of Redding interchange on the system all the way to the Dell River River bridge as well as the entirety of the northeast extension. After these go live, then we're going to begin our demolition sequence and we're going to be tearing down. All the old Legacy Plaza, as we look at reevaluating how people get on and get off of our system, we can change the geometry of that old trumpet style interchange and maybe a diamond style interchange might be more efficient to move people on and off our system. If you're an easy pass customer, you get on through a Plaza and you get off through a Plaza and you're easy pass transaction captures that. If you're a toll by plate customer, same thing. Moving to these is not going to be any different. Open Rd. tolling, quite honestly, is the next evolution in tolling in the tolling industry. Right now we're located in the tip parking lot or the Turnpike industrial park. What is around this is a lot of the fiber optic equipment. Fiber project is designed to connect the entire Turnpike from east to West, north to South to provide high speed bandwidth to overcome some of the limitations of our current system. The drives are going to benefit from the fiber project for first of all, it's just the overt. I think that's going to change all the way. A lot of the drivers use the system and interact with the roadway itself, but it's also going to open us up to the. Future to bring in a lot of connected and autonomous vehicle technology, EV charging, some roadway inductive charging and even some camera AI and analytics. We've been looking at the project right now it's broken up into five different sections called contracts. Contract one that covered from this building which is Middletown, Harrisburg area to the Delaware River Bridge. And then contract two went from Plymouth Meeting up to the end of the line at the Northeast extension. Contract 2.5, which is what you see here all around us goes from the tip. Put in here at Middletown to Gettysburg Interchange, that will connect us to contracts three and four. Three goes from Gettysburg Interchange to the WTO building contract. Four goes from there to the Ohio line and also covers Route 66. The commercial fiber can be used for connecting a lot of areas that are insufficient with current connectivity you have now, and it can also provide companies and corporations that are looking for more diverse and redundant paths to increase the resiliency of their current. Infrastructure to install the fiber, they cut the junction boxes ahead of time in a junction box is usually around 1700 to 2300 feet from junction box, junction box. And then they come behind that with the trencher. It's a machine that has a six foot grinding wheel that digs A4 inch wide by 13 inch trench. Then there's another team that puts the conduits into that trench and then they put gravel fill on top of that and then they fill the rest of the trench with fast patch, which is a black hot tar that dries to a solid-state. And it's finished off with a sand layer on top. This fiber project is going to push our technology into the future.