This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Xerox Awarded Five Year Tolling And Customer Service Contract With Texas Department Of Transportation

Stocks in this article: XRX

The Texas Department of Transportation (TxDOT) has selected Xerox (NYSE:XRX) to provide customer service and toll operations to the state of Texas over the next five years in a contract worth approximately $100 million.

Xerox will establish a new customer service operation in Austin, Texas to process a growing base of more than 8 million monthly toll transactions while managing over 750,000 accounts. Customer service center operations include transaction processing, license plate image review, invoicing, collections, transponder sales and management.

Xerox will also assume responsibility for the physical maintenance of the toll plaza buildings and continuing the Courtesy Patrol on the TxDOT toll roads in Austin to provide roadway assistance.

“Texas’ growing population will benefit from a streamlined service center to manage all customer interactions,” said David Amoriell, vice president and chief operating officer, Government and Transportation Sector, Xerox. “We are working closely with the Texas Department of Transportation to ensure efficient and accurate transaction processing while providing a safe and pleasant trip for drivers.”

The establishment of new toll operations will not change existing customer contact or payment information, as the TxTag Customer Service Center, payment address and phone contacts will all operate as they have in the past.

Xerox is the largest provider of transportation technology services worldwide, including parking, tolling, mass transit and photo enforcement services supporting governments in 30 countries.

About Xerox

Since the invention of Xerography 75 years ago, the people of Xerox (NYSE:XRX) have helped businesses simplify the way work gets done. Today, we are the global leader in business process and document management, helping organizations of any size be more efficient so they can focus on their real business. Headquartered in Norwalk, Conn., more than 140,000 Xerox employees serve clients in 160 countries, providing business services, printing equipment and software for commercial and government organizations. Learn more at www.xerox.com.

Note: To receive RSS news feeds, visit http://news.xerox.com/rss. For open commentary, industry perspectives and views visit http://www.linkedin.com/company/xerox, http://twitter.com/xeroxcorp, http://realbusinessatxerox.blogs.xerox.com, http://www.facebook.com/XeroxCorp, http://www.youtube.com/XeroxCorp.

Xerox ® and Xerox and Design ® are trademarks of Xerox in the United States and/or other countries.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,659.92 -12.68 -0.07%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs