The transaction is expected to close in October of 2010. The acquisition has been approved by Davis Langdon shareholders and partners, and is subject to customary closing conditions, including necessary regulatory and third party approvals.
Under the terms of this one-year contract (with two, one-year options), will be responsible for managing the day-to-day operations of both the fixed-route and Dial-A-Ride services.
The Jonesboro transit system is recruiting volunteers to help people who have not used public transportation before, and may be afraid to try it on their own.
City mayor calling for cuts ranging from $700,000 to $1.2 million since ridership is down from last year by nearly half.
The operator, Gregory Clark, a 32-year Houston Metro veteran, failed an FTA-required drug and alcohol test following the accident.
MTA estimates $52 million in bus and subway trips purchased but unused next year. The money is listed in the agency's financial plans as a source of revenue.
Obama administration pledges to conduct environmental impact report on the feasibility of the project, a $425 million light-rail line.