December 1, 2022

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Traffic on Key U.S. Toll Road Devices Achieves Strong Recovery Towards Pre-COVID-19 Stages

4 min read

Investigation by tolling leader Conduent Transportation shows complete site visitors volumes down by just 8.7 % in November 2020, as opposed with 2019, largely recovering from the 50 % drop expert in April 2020

Visitors quantity info intently follows pandemic traits and reopening of communities, as effectively as proactive actions by toll units

FLORHAM PARK, N.J., Dec. 17, 2020 (Globe NEWSWIRE) — Following the COVID-19 pandemic triggered toll road visitors volumes to fall by somewhere around 50 % yr above yr in April 2020, visitors volumes on numerous of the nation’s greatest toll street units have recovered to an 8.7 % calendar year-about-12 months decline in November, according to an examination of facts use from Conduent Transportation, a device of Conduent Incorporated (Nasdaq: CNDT). These volumes include digital toll transactions applying a transponder and license plate illustrations or photos captured for toll-by-mail courses.

The gains in targeted traffic volumes are a reflection of states lifting COVID-19-related restrictions given that spring, as nicely as initiatives by point out and neighborhood tolling agencies to inspire street utilization by motorists, according to Conduent, the business chief in automatic or digital tolling throughout the United States. The enterprise is also supporting purchasers as far more transportation companies shift to all-cashless transactions, which eliminates the managing of currency and restrictions exposures.

Traffic developments could remain risky heading into 2021. For instance, the website traffic volume restoration peaked in September, but calendar year-in excess of-year declines widened a little bit in October and November.

Conduent manages highway usage charging, parking, general public transit and website traffic safety systems for govt clientele globally. In 2019, Conduent managed more than 4 billion U.S. toll highway transactions for transportation businesses, representing a lot more than 50 per cent of total motorist transactions amid the 15 largest toll street units in the nation by website traffic quantity. Conduent’s examination of 2020 toll highway traits encompasses 6 of the 10 most significant toll systems in the U.S., including units in California, Florida, New Jersey and New York. Merged these techniques averaged approximately 270 million motorist transactions for every month in 2019.

According to the evaluation of 2020 toll site visitors as opposed to 2019 degrees:

  • Immediately after yr-in excess of-yr gains of 6.2 % and 9.6 per cent, respectively, in January and February, visitors volumes declined in March to 12 p.c under 2019 stages.
  • This yr-more than-year visitors decrease ongoing substantially to small details of around 50 per cent in April and 37.1 percent in May possibly down below 2019.
  • Due to the fact April, traffic improved drastically, flattening to declines of 16.2 % in June and 16.7 p.c in July vs . 2019.
  • The 12 months-above-12 months declines narrowed to 10 percent in August and 2.4 per cent in September, and declined 7.1 percent in Oct.

“The restoration in toll targeted traffic on U.S. highway methods from the steep declines in the spring displays the affect of states lifting limitations that saved folks off roads and highways and away from nearby enterprises and workplaces,” explained Scott Doering, Vice President and Typical Manager, Highway Use Charging at Conduent Transportation. “The volume advancement is also a outcome of actions taken by tolling businesses to motivate motorists to get again on the street. Though traffic could stay risky owing to broader pandemic traits, the restoration so considerably has been beneficial for states that normally rely on toll income to fund transportation infrastructure advancements.”

According to Doering, proactive measures states have taken to increase road use provided momentary moratoriums on toll costs, suspension of administrative and/or late expenses, and the general change to cashless transactions.

About Conduent
Conduent provides mission-essential companies and remedies on behalf of organizations and governments – building exceptional results for its customers and the hundreds of thousands of individuals who count on them. By means of our devoted individuals, method and technologies, Conduent remedies and providers automate workflows, strengthen efficiencies, reduce expenses and empower profits development. It’s why most Fortune 100 businesses and about 500 federal government entities depend on Conduent each and every working day to manage their necessary interactions and shift their functions ahead.

Conduent’s differentiated companies and alternatives improve encounters for tens of millions of men and women just about every working day, like two-thirds of all insured clients in the U.S., 10 million workforce who use its HR Products and services, and practically 18 million reward recipients. Conduent’s solutions supply excellent results for its customers, which includes $17 billion in financial savings from health care bill critique, up to 40% performance maximize in HR functions, up to 27% reduction in authorities advantages fees, up to 40% advancement in finance, accounting and procurement expenditure, and enhanced buyer support conversation situations by up to 20% with larger conclusion-person satisfaction. Study much more at www.conduent.com.

Media Contacts:
Neil Franz, Conduent, +1-301-820-4324, [email protected]

Investor Relations Contacts:
Alan Katz, Conduent, +1-973-526-7173, [email protected]
Rebecca Koar, Conduent, +1-862-308-7105, [email protected]

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Conduent is a trademark of Conduent Incorporated in the United States and/or other international locations.

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