EROAD modernises road charging and tax compliance and health and safety compliance for road transport by replacing paper-based systems with easy-to-use electronic systems that also improve fleet management.
The company is headquartered in Auckland, New Zealand, and dual-listed on the Australian Stock Exchange (ASX), and New Zealand Exchange (NZX). Its US business is based in Portland, Oregon, serving customers with vehicles operating in every US mainland state, growing outward in concentration from the Northwest.
In 2009 EROAD introduced the world’s first nationwide electronic road user charging (ERUC) system in New Zealand and, in 2017, more than 50% of heavy transport RUC is expected to be collected electronically, representing a rapid transition to e-commerce on a voluntary, industry-led basis, due to the cost-savings and benefits to customers.
EROAD is also a leading provider of health and safety compliance services, including vehicle management and driver behaviour and performance measures.
EROAD partners with Seeing Machines
EROAD is pleased to announce it has entered into a strategic partnership with Seeing Machines. Seeing Machines Ltd. is an industry leader in vision-based monitoring technology that enable machines to see, understand and assist people. Seeing Machines’ world-leading Guardian technology utilises face and eye tracking algorithms to detect fatigue and distraction, allowing proactive intervention before a risky driving incident occurs.
EROAD’s Board and management are committed to ensuring that the Company adheres to best practice governance polices. The Board regularly reviews the Company’s governance structures to ensure that they are consistent with prevailing best practice. The Company is listed on the New Zealand stock exchange (NZX).
Corporate governance principles and policies have been adopted consistent with the NZX Listing Rules relating to corporate governance, the NZX Corporate Governance Best Practice Code. The governance policies for the Company consist of various charters and policies.