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6/26/2018
American Traffic Solutions Goes PublicATS becomes publicly traded under the name Verra Mobility after an $800 million acquisition and merger.
The largest US operator of red light cameras and speed cameras will soon become part of a publicly listed company. Gores Holding II announced last week it would merge with the automated ticketing company formerly known as American Traffic Solutions (ATS). Upon the deal's closing, the new combined entity, Verra Mobility, will be a publicly listed on the Nasdaq.
As part of its first disclosure, ATS revealed its revenue from red light cameras, photo radar and bus cameras was $138 million last ye ...
6/25/2018
France, Italy: Speed Cameras Spraypainted, StonedStones and spraypaint took out dozens of European speed cameras last week.
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6/22/2018
Kansas City, Missouri Under Fire For Predatory TowingLawsuit accuses Kansas City, Missouri of towing legally parked cars for profit.
6/20/2018
Ohio Supreme Court Backs Legislative Curb On Speed CamsOhio Supreme Court shoots down lower court attempt to quickly block legislative limitations on speed cameras.
6/20/2018
US Supreme Court To Consider Car Seizure ConstitutionalityUS Supreme Court will decide whether seizing cars violates the constitutional prohibition on excessive fines.
