Bus

DRI subsidiary wins major South American contract

Posted on May 5, 2010

DRI Corp. said its Mobitec AB subsidiary in Herrljunga, Sweden, through the Mobitec Brazil Ltda subsidiary in Caxias do Sul, Brazil, signed a supply agreement with a major bus vehicle manufacturer in South America.

"As part of the new supply agreement, Mobitec Brazil Ltda will provide electronic destination sign systems to a major bus vehicle manufacturer in South America. The supply agreement is valid for one year and it may be renewed automatically each year thereafter for one additional year, unless terminated by either party, said David L. Turney, DRI's chairman of the board/CEO. "We anticipate that this supply agreement may generate several million dollars in annual revenue for the Company."

Said Oliver Wels, DRI's president/COO, global operations, said: "Strategically, this supply agreement means we are cooperating very closely with one of the larger bus vehicle manufacturers in South America, which presently has production capacity of 30 city buses per day for the steadily growing South American transit market. We believe the bus vehicle manufacturer has strong ties in Brazil, Chile and other South American countries."

 

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

More News

Denver RTD unveils its Flatiron Flyer BRT vehicle

The Flatiron Flyer buses, which were supplied by MCI and can carry 57 passengers each, are specially branded with a unique blue-and-sunrise-orange paint scheme designed by RTD and a U.S. 36 corridor stakeholder group.

Safe Fleet acquires Hadley's bus, motorcoach mirror product lines

The Hadley mirror business will remain in Elkhart, Ind., but will relocate from the Hadley site to its own production facility over the next few months. The management, engineering, customer service, administrative and production personnel of the Hadley mirror business will remain with the business and transition to Safe Fleet.

BusCon returns to Indy

Each year, more and more people look forward to BusCon as a chance to network, learn about new trends and technology, and gain the tools that are necessary to revitalize the way they tackle their own operations.

Project team wins award for N.Y. bus time displays

The countdown clocks were developed in part to address concerns about the overall accessibility of MTA’s Bus Time system, which sends wait-time information to riders via text message, a QR code scan, or over a web site.

Boston could benefit from more BRT, report says

The report argues that the city should be pushing for the “gold standard” of BRT. That would include a control station that monitors buses and ensures they come at well-spaced intervals and enclosed stops that shelter customers.

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 resource for managers of class 1-7 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