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Stock impact report

Mexico's State of Puebla Eases Public Transportation for 2.7 Million City Inhabitants with Conduent Transportation

Conduent Incorporated (CNDT) 
Last conduent incorporated earnings: 2/20 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.conduent.com
Company Research Source: PR Newswire
FLORHAM PARK, N.J., Sept. 5, 2018 /PRNewswire/ -- Conduent Transportation, a business unit of Conduent Incorporated (NYSE: CNDT), today announced that it is helping the state of Puebla in Mexico address a top complaint from public transportation riders – outdated payment technology. Growing its existing relationship with the state, Conduent is extending its contactless smart card payment system to all riders on Puebla's Red Urbana de Transporte Articulado (RUTA) Bus Rapid Transit lines. Conduent first implemented its automated fare technology on RUTA Line 1 in 2016, completed an expansion to Line 2 this January in a record 75 days without service interruption, and is expanding to Line 3 throughout this summer.Conduent's automated fare technology works with the new Puebla contactless transit card to replace old cash fares and allow users to board any RUTA line with a simple tap-and-go experience. Thousands of riders are now using the fare collection system every Show less Read more
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