The present invention provides a traffic information processing apparatus and method, the apparatus comprises a format unifying device which unifies input traffic information with different formats to traffic information with unified format; and a traffic information integrating device which corrects and/or complements the traffic information with unified format based on a knowledge base to obtain traffic information which is consistent with each other, so as to integrate the traffic information, wherein the knowledge base is external to the apparatus or internal to the apparatus. The traffic information processing apparatus and method according to the present invention can process traffic information with spatial inconsistence, temporal inconsistence and semantic inconsistence so as to integrate effectively the traffic information from a variety of heterogeneous information sources and ensure the accuracy, completeness and reliability of traffic data.