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The sale has a purchase price of $164 million. The companies expect the transaction to close before the end of 2026, subject to customary conditions and regulatory approvals.
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The APTA award-winning agency is pairing rapid system expansion with investments in workforce, safety, technology, and the fundamentals of transit service.
Read More →The project represents a significant milestone in the agency’s ongoing efforts to enhance connectivity, activate publicly owned land, and create walkable communities centered around transit.
Read More →In this edition of METROspectives, Luminator CEO Magnus Friberg discusses the company's transformation, the growing role of AI and software, and what's next for transit technology.
Read More →Approximately 61% of the operating budget is dedicated to costs associated with labor and fringe benefits.
Read More →More than half of the agency’s upcoming spending plan is dedicated to transit as OCTA balances infrastructure investment with fiscal stability.
Read More →The final seven-mile segment of the 2 Line includes new stations at Mercer Island and Judkins Park and connects to the 1 Line at the International District/Chinatown Station. The Link light rail system now spans 63 miles and includes 50 stations.
Read More →The $8.7 billion project is expected to generate and sustain 6,000 jobs through the construction phase of two new rail tunnels under the Hudson River, an expanded New York Penn Station and other key elements.
Read More →In part 1 of a two-part conversation, AC Transit’s director of maintenance joins co-hosts Alex Roman and Mark Hollenbeck to discuss his journey from the U.S. Marines to public transit and the role mentorship plays in developing the next generation of industry leaders.
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