Jonathan Baldwin on travel industry
From Verra Mobility CEO discusses efforts to pioneer transportation technology · · CNBC Television
“Travel remains extraordinarily strong, including business travel, which is interesting because a year ago people were still saying a big portion of that wouldn't come back. The numbers on rental car tolls suggest otherwise.”
On , Jonathan Baldwin, Executive Vice President of Government Solutions at VERRA MOBILITY CORP, spoke about travel industry during Verra Mobility CEO discusses efforts to pioneer transportation technology on CNBC Television.
About Jonathan Baldwin
In a September 2023 interview, Verra Mobility CEO David Roberts discussed the company's focus on paying down debt and expanding its influence in traffic and safety technologies, noting that both are priorities as travel increases and governments seek revenue. Roberts stated that Verra Mobility currently handles tolling and violation processing, and identified vehicle payments, telematics, and asset management as potential areas of interest over the next 12 to 18 months. He also said the company is well positioned to address emerging mobility challenges such as congestion pricing and distracted driving. Roberts observed that travel, including business travel, remains "extraordinarily strong," citing rental car toll data as evidence that earlier predictions of a lasting decline in business travel have not materialized. He also reflected on how his father's illness and death reshaped his personal outlook, emphasizing the importance of maintaining close connections with his four children.