Latest news with #VerizonConnect
Yahoo
18-03-2025
- Automotive
- Yahoo
Verra Mobility partners with Verizon Connect to bring managed services to commercial fleets
Verizon Connect customers will receive access to Verra Mobility's managed tolling, violations and title and registration services MESA, Ariz., March 18, 2025 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today a partnership with Verizon Connect, one of the largest providers of advanced GPS fleet tracking solutions. Through the partnership, new and existing Verizon Connect customers will have easy and direct access to Verra Mobility's managed tolling, violations, and title and registration services through the Verizon Connect Marketplace. Verizon Connect provides a near real-time, 360-degree view of a fleet's daily operations to help reduce costs, increase productivity, and increase efficiency. Verra Mobility's fleet management services are utilized by major fleet owners, operators, and managers to conveniently and automatically pay over 300 million annual toll transactions for more than seven million vehicles globally. In addition, Verra Mobility's violation management services save fleets up to 80% in management and processing costs of vehicle violations. "Tolling, violations, and title and registration are typically manual, expensive and confusing compliance processes, and Verra Mobility has a stellar industry reputation amongst fleet customers for delivering operationally efficient services and cost savings," said Kinnera Angadi, Chief Product and Technology Officer at Verizon Connect. "We are excited to partner with Verra Mobility to offer their highly complementary managed tolling, violations, and title and registration services to help solve these complex pain points and lower operating costs for our fleet customers. We look forward to partnering together to offer these best-in-class comprehensive service solutions to more fleets." Verizon Connect utilizes connected vehicle software to optimize fleet operations, enhance safety and improve productivity through its telematics solutions. The company offers a suite of tools including fleet and equipment tracking software. "Verizon Connect is an excellent partner and addition to our growing suite of fleet services," said Steve Lalla, Executive Vice President of Verra Mobility's Commercial Services business. "We are excited for the opportunity to support more fleets with our suite of services through this partnership and to be able to provide additional value to our current customers. Verizon Connect is a trusted, well-established, deeply resourced and scaled platform and a marketplace in which we are proud to be included." For more information about Verra Mobility's fleet offerings, visit: About Verra Mobility Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, Asia and Australia. For more information, please visit Forward Looking Statements We describe many of the trends and other factors that drive our business and future results in this press release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties that can affect our performance in both the near-and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. These forward-looking statements should be considered in light of the information included in this press release, our Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time. Additional Information We periodically provide information for investors on our corporate website, and our investor relations website, We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts. Media Relations: Investor Relations: Eric Krantz Mark Zindler View original content to download multimedia: SOURCE Verra Mobility Sign in to access your portfolio
Yahoo
28-01-2025
- Automotive
- Yahoo
Verizon Connect debuts new technology solutions for fleet safety and compliance
What you need to know: Verizon Connect's Extended View Cameras offer an advanced, integrated video solution to enhance fleet safety, visibility, and driver accountability, now available in the U.S. The Driver Vehicle Inspection Report (DVIR) simplifies inspections and compliance, safety, and reduced maintenance costs in the U.S. and Canada. These solutions provide fleet managers with enhanced insights, streamlined operations, and regulatory support, while helping to improve safety and reduce liability. NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Verizon Connect announced the launch of two advanced solutions designed to enhance fleet safety, driver performance, and operational efficiency. The new Extended View Cameras deliver near-360-degree visibility with rear, side, and cargo cameras; while the customizable Driver Vehicle Inspection Report (DVIR) simplifies compliance and maintenance through Verizon Connect's Reveal platform. Together, these innovations offer comprehensive tools for fleet managers to safeguard their assets, drivers, and the communities they serve. Extended View Cameras: Enhancing Visibility and Driver PerformanceVerizon Connect's Extended View Cameras expand its Integrated Video solutions, featuring four additional cameras and an in-cab monitor. This setup provides fleet managers with near-complete visibility around vehicles, enabling enhanced visibility and driver performance while helping to reduce liability and costs. Key features include: Improved safety: With near-360-degree coverage, drivers are more aware of their surroundings, helping to reduce the risk of collisions and enabling safer navigation in tight or busy spaces. Enhanced visibility: Multi-channel camera views, including rear, side, and cargo angles, provide fleet managers with full situational awareness, improving safety during high-risk events. Reduced liability: Side and rear cameras offer reliable video evidence, helping to protect drivers and businesses from false claims and exonerate drivers, and reduce legal expenses. Reduced costs: The cargo camera can capture instances of damaged cargo due to risky driving behaviors, allowing fleet managers to mitigate future risks and lower operational expenses. Driver performance: Drivers become more conscious of their behaviors, leading to safer driving practices allowing them to better adhere to safety protocols. 'Our customers already reap huge benefits from our award-winning dashcam and driver-facing camera, but why stop there? Now we are extending the benefits by giving them near 360-degree visibility around the vehicle,' said Peter Mitchell, Senior Vice President and General Manager at Verizon Connect. 'By reducing blind spots and promoting safer driving practices, our Extended View Cameras empower drivers and fleet managers to operate with even greater confidence and security.' Driver Vehicle Inspection Report: Streamlining Compliance and MaintenanceVerizon Connect is also introducing its customizable DVIR, which is fully integrated into the Verizon Connect Reveal fleet management software. This solution consolidates compliance and inspection tracking into a single platform, helping fleets operate safely and efficiently. Key features include: Customizable inspection reports: DVIR forms can be tailored to meet specific company requirements, ensuring thorough coverage of all vehicle safety standards. Visual evidence: Drivers can upload photos to document vehicle damage or issues, improving the accuracy of reports. Real-time alerts: Fleet managers receive instant notifications for incomplete inspections or detected vehicle defects, enabling proactive action to help prevent costly repairs or fines. Seamless API integration: Integration with third-party maintenance providers allows quick resolution of identified defects, reducing vehicle downtime. 'DVIRs are essential for maintaining vehicle safety, prolonging vehicle life and, of course, meeting regulatory compliance,' added Mitchell. 'Our DVIR solution makes it easier for fleet managers to track inspections, address issues early, and keep their fleets safe and on the road.' Supporting Fleet Safety and ComplianceThe solutions are now available to new and existing Verizon Connect Reveal customers. The Extended View Cameras are available in the U.S., while the DVIR is available in the U.S. and Canada. These innovations reinforce Verizon Connect's commitment to helping fleets operate more safely, efficiently, and in compliance with regulations, while also reducing costs and liability. For more information about Verizon Connect, visit: Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon's world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit or find a retail location at VERIZON'S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at News releases are also available through an RSS feed. To subscribe, visit Media contact:Tessa
