Metro Magazine

APR 2013

Magazine serving the bus and rail transit & motorcoach operations since 1904

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business briefs Marcopolo S.A. invests $115M in New Flyer New Flyer Industries Inc. announced Marcopolo S.A. will make a strategic investment of approximately $115 million to acquire 11,087,834 newly issued common shares, representing a 19.99% stake in New Flyer. The two companies also signed a Memorandum of Understanding to explore opportunities to cooperate on engineering, technical, purchasing and operational matters, with a focus on reducing New Flyer's bus manufacturing and aftermarket part costs and enhancing its competitiveness. The companies further agreed to assess Marcopolo's technology and products for possible introduction into the Canadian and U.S. markets. onboard announcements, with 10% of the fleet being equipped with INIT's automatic passenger counting technology. HOUSTON EXTENDS FIRST TRANSIT First Transit was retained by the Houston Metropolitan Transit Authority to continue operating and managing a portion of its fixed-route service. With this extension, the company will continue overseeing 450 employees and operating 200 vehicles throughout the city. The contract will be for five years with two one-year options. DART ADDS 40 FT. NABIS Dallas Area Rapid Transit (DART) recently put new, 40-foot North American Bus Industries Inc. (NABI) buses into revenue service. The buses feature a new Air Conditioning Electric Discover electricity hermetic electric scroll compressor/s ʓ a.c. motors ʓ self-contained refrigerant loops ʓgenerator or hybrid bus power :<;9(2*VYWVYH[PVU , [O(]L*VTTLYJL*P[`*6 4HPU ^^^Z\[YHR\ZHJVTPUMV'Z\[YHR\ZHJVT 54 < mETRO mAGAZINE APRIL 2013 metro-magazine.com

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