MENU
SEARCHMENUSEARCH
Plans to leverage the new round of funding to continue its expansion throughout North America, adding more destinations and carriers to its already impressive roster of partnerships, launch mobile apps and roll-out new solutions to improve the overall experience.
Read More →
Buyer's remorse is a term that should not be in an operator's vocabulary. While making a sound decision on which vehicle to purchase is huge for an operation, the process of financing that vehicle can be incredibly stressful for the operator.
Read More →
Wichita Transit has raised fares and cut service to stay afloat as demand for the system increases. Riders are calling for improvements such as more frequent rush-hour service, and longer operating hours, but those may cost about twice the agency’s current budget to implement.
Read More →
This round of funding included two new strategic electric industry investors, Edison Energy Inc., a subsidiary of Edison International and Constellation.
Read More →Wichita Transit’s financial problems originated in late 2011, when a rate increase significantly reduced ridership. The city of Wichita has committed a little more than $1.8 million to the transit system through early 2015.
Read More →A new National Resources Defense Council (NRDC) study solidifies what the American Public Transportation Association’s (APTA) Transit Savings Report has been telling us for years now: riding public transportation can save users money.
Read More →
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.
Read More →Chief Financial Officer resigned over an internal report that claimed accounting irregularities and poor management and record-keeping. Agency does not have enough cash reserves to meet its current obligations, according to the report.
Read More →
Even as transit agencies, municipalities, and tour and motorcoach operators meet new challenges in taking their operations to the next level, so must their managers consider all the available tools for optimal acquisition of equipment.
Read More →Embattled CEO Charles Odimgbe, who was placed on administrative leave last month while the agency's finances are being investigated, ordered the new color scheme, but did not seek the approval of the agency’s board of directors, a RIPTA spokesperson said.
Read More →