Metro Magazine

News

A-Z changes name to Fleet Financing Resources

A boutique-style lender, the company specializes in commercial vehicle financing and leasing of new/used titled equipment. Resources offers tailor-created funding options for all types of transportation equipment, ranging from buses, tractor-trailers, taxis, limousines and corporate fleets.

Three companies invest $150M in Clean Energy

The $150-million investment is in the form of 7.50 percent convertible notes due in 2016. The notes will be convertible into shares of Clean Energy common stock at $15 per share. The closing of the investment is scheduled to occur on or before Aug. 30, 2011 and is subject to customary conditions.

Updated: Transit systems prepare for Hurricane Irene

Satellite photo of Eastern U.S. Courtesy NOAA-NASA GOES Project.

D.C. Metro maintenance personnel have delivered more than 2,000 sandbags at stations that historically have had water flow above the curb, down the escalators into stations. Supervisors will monitor critical locations, such as bus garages, parking garages, and flood-prone areas throughout the weekend.

Phoenix bus drivers negotiating to avoid strike

Bus company negotiators and union drivers will resume talks in an attempt to avert a strike. Nearly all of the system’s drivers voted to reject a labor contract proposal and authorize a possible walk out, due to a dispute over wages, health insurance and sick leave.

Santa Clara, Calif. transit debuts student value pass

Santa Clara Valley Transportation Authority’s “S’Cool” pass provides unlimited rides on bus and light rail to youths ages 17 and younger for a steeply discounted price. The agency also offers teachers a free Class Pass which gives them the opportunity to take students on field trips using VTA buses and light rail.

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