Conduent (CNDT) Transportation announced it has been awarded a contract by the Richmond Metropolitan Transportation Authority, or RMTA, to implement a Pay-by-Plate toll collection system. The initiative supports RMTA’s transition to all-electronic tolling. Conduent’s solution will be delivered through a Tolling-as-a-Service model, enabling motorists to pay using various options. Later this year, Conduent will begin delivering tolling services as RMTA transitions the Powhite Parkway to all-electronic tolling.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNDT: