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5/14/2019 Verra Mobility Returns To ProfitabilityThe speed camera firm formerly known as American Traffic Solutions reports its first profitable quarter, though $1 billion in debt remains. When American Traffic Solutions (ATS) merged with a toll road firm to become Verra Mobility last year, it incurred heavy losses. The newly combined entity reported a loss of $58 million last year, largely as a result of merger-related expenses and the cost of financing $1 billion in debt. The firm on Thursday reported that it made $2.8 million in the last quarter, marking a return to profitability for the Arizona-based tolling and ticketing firm.
The red light ... | |||
5/13/2019 Brazil, France, UK: Speed Camera Opposition IntensifiesPresident of Brazil called for photo radar elimination, UK man blocked a camera and French devices were torched and spraypainted last week. | |||
5/10/2019 Whistleblower Speed Camera Cop Defeats DCUnsuccessful challenge to the cop who blew the whistle on the speed camera program costs Washington, DC an extra $40,507 in legal fees. | |||
5/9/2019 Michigan Supreme Court Expands Passenger RightsMichigan Supreme Court restores Fourth Amendment rights to passengers during traffic stops. | |||
5/8/2019 Texas Supreme Court Punts On Red Light CamerasInstead of deciding on legality of red light camera program, Texas Supreme Court throws out case on procedural grounds. |
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