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Stock impact report

Conduent Transportation Renews Contract with NJ TRANSIT to Maintain and Drive Continued Upgrades of Fare Collection System

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: Business Wire
5-year contract renewal follows the recent implementation of a “Tap & Ride” payment option, allowing NJ TRANSIT bus and light rail customers to use contactless credit and debit cardsSimilarly, in nearby Philadelphia, Conduent also implemented contactless payment options for SEPTA buses, subways and trolleys FLORHAM PARK, N.J.--(BUSINESS WIRE)--Conduent Transportation, a global provider of smart mobility technology solutions and business unit of Conduent Incorporated (Nasdaq: CNDT), today announced it received a 5-year contract renewal from NJ TRANSIT to continue implementation and upgrades of a contactless fare collection system for customers. Under the new contract, which builds on a relationship of more than 30 years with NJ TRANSIT, Conduent will also provide maintenance of various hardware and software systems, including ticket vending machines and on-board validators.Last fall, under the previous contract, Conduent implemented a new “Tap & Ride” payment option for NJ TRANSIT, Show less Read more
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