The company reaches a deal with global investor EQT Infrastructure for its North American school bus and public transportation companies.
The company announced two new partnerships in the California region.
Guidelines have been released, the online application portal is open, and the deadline to apply is July 19. Here’s what to know about eligibility and what to include with your application.
The company agrees to sell its North American school bus and public transportation companies to EQT Infrastructure.
He has worked in the transit industry his entire career, having started as a transit planner in Cincinnati in 1976. He joined Transdev U.S. in 2000.
It is one of the country’s longest-running partnerships of the public and private sectors focused on bus operations, service quality, and maintenance.
The company signed a five-year and three-month contract and will be managing both the operations and maintenance aspects of DART’s paratransit services.
Simultaneously, Dick Alexander — who served as interim CEO of Transdev in the U.S. since early March — is being promoted to special advisor to Thierry Mallet, CEO of the global Transdev Group.
The contractor will begin operating the OmniRide service Nov. 1 and has already begun changeover activities to ensure a smooth transition that will be invisible to riders.
To give borrowers more flexibility in repaying the loans, the Federal Reserve Board lowers the minimum loan amount, raises the maximum loan limit, adjusts the principal repayment schedule to begin after two years, and extends the term to five years.
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