ERD

EROAD Scales Back North American Expansion to Refocus on Australia-NZ Market

EROAD (ASX: ERD) has announced a major strategic realignment to concentrate growth investment in Australia and New Zealand, targeting emerging opportunities in electronic road user charging (eRUC) as governments transition to usage-based infrastructure funding models. The company will scale back expansion in North America following slower-than-expected enterprise sales and will redeploy resources to accelerate development in […]