From Verra Mobility CEO discusses efforts to pioneer transportation technology · · CNBC Television
“We today do tolling and violation processing but in the future you could really see us looking at things like vehicle payments, how a car makes a payment or telematics and how do you manage these assets. These are potential interests for us over the next 12 to 18 months.”
On , Jonathan Baldwin, Executive Vice President of Government Solutions at VERRA MOBILITY CORP, spoke about tolling during Verra Mobility CEO discusses efforts to pioneer transportation technology on CNBC Television.
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.