DRI announces Panamanian orders

Posted on December 14, 2010

DRI Corp. announced that the its Mobitec AB subsidiary in Herrljunga, Sweden, through its Mobitec Brazil Ltda business unit in Caxias do Sul, Brazil, received an order valued at more than $850,000 from a privately owned transit fleet operator in Panama City, Panama.

The privately owned transit fleet operator in Panama City ordered Mobitec MobiLED electronic information display system signs for the front of its bus fleet, as well as Mobitec ICU 400 control units and cable sets, according to DRI.

The company has already begun making deliveries and is expected to conclude the orders by the end of third quarter 2011.

As previously reported, DRI concluded the acquisition of its remaining 50 percent interest in Mobitec Brazil in fourth quarter 2009 when the purchase was officially registered with the Brazilian government. Its 100 percent ownership of Mobitec Brazil was established on July 1, 2009.

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

More News

Fla.'s JTA sets launch date for new BRT service

The 9.4 mile Green Line on the North Corridor will feature direct, high-frequency service; 18 branded stations; complimentary Wi-Fi, a Park-n-Ride lot, and real-time bus arrival information.

Canadian bus service to block Internet streaming

Some customers have reported slow internet service, while others couldn't connect at al, due to Internet streaming issues.

Nova Bus names new east coast regional sales manager

Prior to joinging Nova, John Manzi served as eastern regional transit sales manager for a major transmission manufacturer.

Shuttle, circulator routes drawing thousands of riders in Miami

These services carried more than eight million passengers last year in 27 municipalities and are praised by riders and public officials alike as successful transit programs.

Calif.'s VVTA unveils Google trip planner update, web app

VVTA staff coordinated with the county and cities to maintain route and stop accuracy throughout the release cycle. Meeting the needs of the many departments at each agency added to the complexity of the project.

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



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