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SEARCHUnder terms of the deal, purchasers can finance up to 100% of the cost of each bus, allowing them to spread their payments over time and provide for a capital cushion in an uncertain economic environment.
The new partnership is designed to provide transit agencies with an additional method of funding the local portion of Federal Transit Administration (FTA) supported bus purchases. With many federal grant programs no longer available and many transit properties unable to secure the local match dollars needed to supplement their FTA funding, this new option will be attractive to agencies of all sizes looking to upgrade or expand their fleets.
Under terms of the deal, purchasers can finance up to 100% of the cost of each bus, allowing them to spread their payments over time and provide for a capital cushion in an uncertain economic environment.
With the growing movement toward more sustainable transportation, Proterra and Key Equipment Finance also believe that this financing option will generate interest from commercial buyers, including corporations and colleges and universities, who are more accustomed to equipment financing.
Because Proterra buses have been proven to dramatically reduce fleet operating expenses through significant fuel and maintenance cost savings, Proterra predicts that many agencies and corporations will be able to pay for the bus financing with these savings.
Construction on all four stations is beginning now and is anticipated to be completed by spring 2028.
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The beginning of the final BRT segment advances construction across all five segments, reflecting steady progress toward shorter travel times, improved accessibility, and a more dependable connection to jobs, businesses, and community destinations.
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The changes are designed to reduce overall travel time, shorten wait times, and get customers to their destinations more quickly.
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The visit is part of the SF Fed's ongoing engagement with major employers and industries across Southern California and, more broadly, the western U.S. to better understand regional economic conditions and business outlooks.
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Advances in data and analytics are giving transit agencies new opportunities to refine maintenance practices, improve efficiency and make more informed decisions about asset performance.
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Today’s riders—and the communities you serve—expect more from public transit. While ADA compliance is required, leading transit agencies know that true accessibility also means delivering dignity, efficiency, and a better rider experience. This whitepaper reveals why forward thinking agencies nationwide choose the Low Floor Frontrunner as their first choice for ADA compliant vehicles—setting a new standard with passenger first design, faster boarding, improved safety, and unmatched operational performance.
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In Part 2 of a two-part conversation, AC Transit’s director of maintenance joins co-hosts Alex Roman and Mark Hollenbeck to discuss his maintenance team’s work with various types of vehicle, training, augmented reality, and more.
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Under this extension, Keolis will continue to manage and operate fixed-route bus service across the East Valley, serving communities including Tempe, Mesa, Chandler, Scottsdale, the town of Gilbert, parts of Phoenix, and the Gila River Indian Community.
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The new network reflects extensive input from riders and the community through Reimagine DART on what matters most in public transit — and those priorities are reflected in the changes ahead.
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A new bus lane project aims to improve reliability on one of King County Metro’s busiest and most congestion-prone corridors.
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