Cordel Group PLC ( (GB:CRDL) ) just unveiled an announcement.
Cordel Group PLC has expanded its contract with Genesee & Wyoming Inc. (G&W) from 900 to 2,000 track miles, adding a second Cordel Rugged LiDAR system to enhance data accuracy for G&W’s freight railroads. This expansion will improve G&W’s ability to assess clearances for high and wide loads and will see Cordel’s proprietary rail data platform extended across the G&W enterprise, strengthening Cordel’s position in the rail corridor data analysis and Positive Train Control sectors.
More about Cordel Group PLC
Cordel Group PLC operates in the transport sector, providing specialist hardware and software for capturing, analyzing, and reporting on large datasets using sophisticated artificial intelligence algorithms.
YTD Price Performance: 20.0%
Average Trading Volume: 265,318
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £16.27M
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