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2/19/2016
Redflex Stock Takes A TumbleRedflex stock tumbles, but remains shored up by a bid to take over the company.
Investors are wary about investing in a photo enforcement company facing potential liquidation. Shares of Redflex Traffic Systems in the past few days tumbled to 25 cents a share on the Australian Securities Exchange on Tuesday, dragging the troubled firm's market capitalization below $28 million.
On Thursday, Redflex announced that ousted Redflex Chairman Chris Cooper took advantage of the bargain-basement price to gain more control over the company. Cooper's wife purchased 1.5 million share ...
2/18/2016
Report Shows Washington Toll Road Caused CongestionIndependent traffic survey finds high occupancy toll lanes in Washington state increased congestion in the general purpose lanes.
2/17/2016
Arizona Photo Radar Ban Clears First HurdleArizona House committee advances a total ban on the use of automated ticketing machines statewide.
2/16/2016
Ohio Appeals Court Tosses Speed Camera TicketOhio Court of Appeals slams Cleveland law department over frivolous arguments in defense of a speed camera ticket.
2/15/2016
Australia, France, Italy, Sweden, UK: Speed Cameras Disabled, DisappearThroughout the world last week, vigilantes grabbed, smashed, burned and spraypainted automated ticketing machines.
