Communications company Kapsch TrafficCom has been given a contract to create a new toll system for the Port Authority of New York and New Jersey, according to Reuters.
The contract is the largest of its kind in the US and is said to be worth US$134 million.
The company has been tasked with designing and implementing a new toll system, which will replace the current one with express toll lanes and roadside equipment.
The announcement comes after protests occurred in July, 2016, led by the Newark mayor, which saw complaints surface over unfair hiring practices by the industry, as well as the town not benefiting enough from its local port.
Prior to this, the port authority also welcomed the 10,000-TEU MOL Benefactor, which was, at the time of reporting, the largest ship to call at the Port of New York and New Jersey.
The Panama Canal recently smashed its toll record after charging the MOL Benefactor more than $829,000 to pass through, which is more than $250,000 more than the previous record.