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3/22/2019
Verra Mobility Loses $58 MillionThe red light camera and tolling firm Verra Mobility (formerly ATS) struggles with profitability, faces $1 billion in liabilities.
Verra Mobility reported to Nasdaq investors on Monday that it lost $58 million in 2018. Last year, a private equity firm created Verra Mobility by merging Highway Toll Administration with red light camera operator American Traffic Solutions, but the costs of the combination have yet to pay off with the new entity facing total liabilities of $1 billion.
"To service our indebtedness, we will require a significant amount of cash," Verra Mobility noted in its annua ...
3/21/2019
Texas Senator Bob Hall Kills Red Light Camera BanTexas state senator moves to block House effort from banning red light cameras.
3/20/2019
Federal Ticket Quota Drove Massachusetts State Police ScandalMassachusetts state troopers busted for failing to meet the federal ticket quota and writing bogus tickets.
3/19/2019
North Dakota Supremes: Drivers Can Tap On Cell Phone ScreenBeing seen tapping a few times on a cell phone screen does not justify a traffic stop, the North Dakota Supreme Court ruled.
3/18/2019
French Protests Become Violent, German Speed Camera SmashedYellow Vest protest grew violent in France last week, and a German man kicked over a speed camera.
