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9/1/2017
Redflex Continues To Bleed CashLatest Redflex earnings statement confirms the Australian firm continues to lose money in wake of bribery convictions.
Redflex Traffic Systems has yet to recover from the massive corruption scandal that put a top executive, a lobbyist and a city official behind bars. The Australian firm told investors Monday that revenue has dropped 11.7 percent, creating an overall after-tax loss of $31.7 million for the financial year. Redflex Chairman Adam L. Gray sought to reassure shareholders that Redflex is nonetheless on its way to recovery.
"As a result of the company's remedial efforts over nearly four years, the co ...
8/31/2017
Government Report Calls For Clarity On Automobile PrivacyGovernment Accountability Office report reviews privacy implications of connected automobiles and what federal agencies are doing about it.
8/30/2017
US Border Patrol Sets Up New Hampshire RoadblocksFederal roadblock set up 100 miles from Canadian border in New Hampshire creates massive traffic jam.
8/29/2017
North Carolina Tests Intersection Crash Reduction TechNorth Carolina officials conclude that dynamic all-red interval system reduces accidents without the need for red light cameras.
8/28/2017
Belgium, China, France: Speed Cameras ManipulatedNo tickets were issued from several speed cameras in Belgium, China and France last week.
