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11/1/2017
Redflex Rebranding Fails To Save Company EarningsDespite an attempt to refresh its image, Redflex continues to lose money.
Redflex continues to bleed cash despite a concerted effort by a new management to craft a refreshed image for the scandal-tainted Australian firm. At its annual shareholder meeting in Melbourne, Australia last week, the company announced that revenue had dropped, with pre-tax earnings plunging 139 percent and pre-tax losses increasing to $37.6 million for the year. Redflex chief financial officer Bradley Crump decided to call it quits after just two years with the company.
Once the dominant p ...
10/31/2017
Motorist Sues After Feds Seize Truck Over Five BulletsClass action suit goes after US Customs and Border Patrol for seizing automobiles without giving motorists a hearing before a judge.
10/30/2017
France, New Zealand: Speed Cameras Stoned, Sprayed, ScorchedFire, foam, spraypaint and rocks keep speed cameras off balance in France and New Zealand.
10/27/2017
Report: Billions In Subsidies Fail To Save TransitCato Institute report predicts mass transit will largely disappear by the year 2032.
10/26/2017
Top Redflex Exec Renews Push For Settlement CashEx-Redflex executive vice president asks US Court of Appeals for millions after he snitched on the Chicago, Illinois bribery scheme.
