An autonomous vehicle is equipped with a beacon, preferably including a transmitter and receiver, or a transceiver, for bi-directional communication, which is programmed to interact with other beacons for the exchange of contextual travel information to assist in autonomous operation of the vehicle. Beacons may be stationary and positioned along a roadway such that a signal transmitted by such a stationary beacon can be received by a passing beacon-equipped vehicle, the operation of which can be adjusted depending on instructions received from the stationary beacon. The vehicle can also transmit information to the stationary beacon, which information can be used to assess traffic conditions to thereafter adjust information and alerts sent to other beacon-equipped vehicles. Beacons located within multiple vehicles may also interact to share information that may be used by individual vehicles to adjust or maintain the autonomous operation of the vehicle.