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9/2/2015
Redflex Financial Losses Mount In Light Of Bribery ScandalRedflex reports loss of $38 million in the last financial year due to scandal and the US revolt against automated enforcement.
Shares in Redflex Traffic Systems tumbled to an all-time low of 15 cents per share Monday after the firm told Australian investors that it lost $38 million in the last fiscal year. Shareholders likely now regret rejecting as inadequate Macquarie Bank's bid to buy out Redflex at $2.75 a share four years ago.
The takeover bid came long before the firm's corruption surfaced. Redflex now faces the prospect of paying Chicago, Illinois up to $300 million in penalties ...
9/1/2015
Insurance Industry Study Claims Speed Camera BenefitIIHS report data show no difference in safety between control group without speed cameras and sites with speed cameras.
8/31/2015
Maryland, New York, Canada: Speed Cameras DefacedMan takes a stand against speed cameras in New York while photo radar is attacked in Canada and Maryland.
8/28/2015
Study Shows Hybrids Are Not Improving US Fleet MileageStudy shows average fuel economy for the US vehicle fleet has improved less than 1 MPG in 22 years.
8/27/2015
Idaho Supreme Court Declares Threat Of Fines And License Suspension Is Not CoercionIdaho Supreme Court rules that it is not coercion to threaten motorists into using a handheld preliminary breath tester.
