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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.
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The program's purpose is to develop next generation vehicle technology that will help public transit buses across the U.S. improve fuel efficiency. The $2 million program was approved by Congress as part of the 2010 Defense Appropriations Bill signed into law by President Obama in December.
Read More →Positive Train Control technology is capable of automatically controlling train speeds and movements should a locomotive engineer fail to take appropriate action.
Read More →Negotiations for the estimated $100 million contract are expected to be completed by the end of the summer.
Read More →The inspections, conducted in conjunction with TSA officials, are expected to take only minutes and designed to be non-intrusive, as police will randomly select bags or packages to check for hazardous materials using ionization technology as well as K-9 units trained to detect explosive materials.
Read More →The statewide contract will allow rural and small-urban transportation providers to improve their efficiency and productivity by using RouteMatch's technology for fixed-route and demand-response routing, scheduling, dispatching and vehicle tracking.
Read More →Brazil´s largest city will be the first in the world to implement the company’s high-capacity INNOVIA Monorail technology for a mass transit public transport system.
Read More →Sanmo Travel’s six TopClass S 417 luxury coaches and four Setra ComfortClass S 407 touring coaches to be added to its touring fleet for the River Rock Casino Express are powered by Mercedes-Benz OM 471 EPA 10 engines with fuel efficient BlueTec technology.
Read More →What’s new? Not much. Ridership is still high, and funding is still vanishing. Many providers are still looking to technology to cope and some are including new types of vehicles in their fleets. Travel training, which appears to be growing in popularity, may be a partial solution.
Read More →"North America's Biggest Bus Show" returns to Indianapolis Sept. 23 to 25.
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