Bus

Chicago Transit Authority vendors agree to reductions

Posted on November 11, 2009

As part of continued efforts to reduce operating costs, the Chicago Transit Authority (CTA) received commitments from vendors to reduce costs up to a total of $1 million on current contracts.

"We want to thank our vendors for their responsiveness and willingness to reduce prices to help us weather the current economic situation," said CTA President Richard L. Rodriguez. "We're doing all we can to carefully control our costs and the cooperation of our vendors is critical."

In October, CTA sent a letter to vendors asking them to assist the agency in cutting operational costs by granting a price reduction of four percent. To date, CTA vendors have agreed to price concessions that will save CTA up to $1 million.

The agency continues talks with their vendors to determine if additional savings can be gained through contract concessions.

 

View comments or post a comment on this story. (0 Comments)

More News

2 NJ Transit buses collide in Lincoln Tunnel

Of the 20 people injured, none were considered serious and 13 were transported by New York City EMS to hospitals.

AC Transit launches on-demand bus service

Riders using a desktop computer, smart phone device or traditional telephone can schedule their pick-up and desired drop-off locations: reducing their wait time, arriving at their destination faster, and increasing the overall rider experience.

MVTA 'Bus on Shoulder' vehicles equipped with MTS guidance tech

The advanced Driver Assist System, utilizing a licensed GPS technology developed by the University of Minnesota, provides feedback to the driver regarding lane position – via graphic driver alert displays, virtual mirror, vibrating seat and actuated steering.

ABC Companies sells Ameritrans Bus assets

In an overall business review, it was determined this division no longer fit in ABC's overall growth strategy. The company will continue to provide parts and warranty support for Ameritrans products.

N. Va. Transportation Commission approves BRT plan

Planners estimate the new, 11-mile Tysons Corner to Alexandria bus system would attract about 8,600 new transit riders per day.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close