Verra Mobility Corporation announced on March 18, 2025, a new partnership with Verizon Connect, a major provider of advanced GPS fleet tracking solutions. This collaboration will grant new and existing Verizon Connect customers direct access to Verra Mobility's managed tolling, violations, and title and registration services through the Verizon Connect Marketplace.
Verra Mobility's fleet management services currently process over 300 million annual toll transactions for more than seven million vehicles globally. Its violation management services are noted for saving fleets up to 80% in management and processing costs, addressing complex compliance processes that are typically manual and expensive.
Steve Lalla, Executive Vice President of Verra Mobility's Commercial Services business, highlighted Verizon Connect as an excellent partner, emphasizing the opportunity to support more fleets and provide additional value to existing customers. This partnership leverages Verizon Connect's scaled platform to expand Verra Mobility's service offerings to a broader commercial fleet market.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.