Conduent Implements I-64 Hampton Roads Express Lanes Tolling System for the Virginia Department of Transportation [Yahoo! Finance]
Conduent Incorporated (CNDT)
Last conduent incorporated earnings: 2/20 04:05 pm
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US:NYSE Investor Relations:
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Source: Yahoo! Finance
FLORHAM PARK, N.J., April 25, 2024 BUSINESS WIRE )--Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced the implementation of an Express Lanes tolling system in Virginia. The system, which went live March 17 on a segment of the I-64 Hampton Roads Express Lanes , was designed by Conduent as part of a 2021 contract from the Virginia Department of Transportation (VDOT). Conduent will operate and maintain an innovative and completely overhead vehicle classification system, a traffic-responsive dynamic pricing system and an automated license plate recognition system, as well as conduct license plate image reviews for VDOT. These technologies and services are designed to help improve traffic flow and relieve congestion for motorists and passengers. To enable dynamic pricing, VDOT will use data analytics to determine toll rates based on the volume of traffic during different times of
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CNDT
Earnings
- 5/1/24 - Beat
CNDT
Sec Filings
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 5/1/24 - Form 8-K
- CNDT's page on the SEC website