Alta Bicycle Share to run New York City scheme

Alta Bicycle Share has been chosen to operate a bicycle-sharing scheme in New York City. The company operates similar programmes in Washington, DC, Boston, Massachusetts, and also in Melbourne, Australia. It is expected that the New York scheme, which will roll out next summer, will be the biggest bicycle sharing initiative in the US with the establishment of 600 bike stations and 10,000 bicycles deployed. The scheme, which will cost US$50 million to operate, will not be funded from the public purse. Inste
June 22, 2012 Read time: 1 min
912 Alta Bicycle Share has been chosen to operate a 6005 Bicycle sharing scheme in New York City. The company operates similar programmes in Washington, DC, Boston, Massachusetts, and also in Melbourne, Australia.

It is expected that the New York scheme, which will roll out next summer, will be the biggest bicycle sharing initiative in the US with the establishment of 600 bike stations and 10,000 bicycles deployed. The scheme, which will cost US$50 million to operate, will not be funded from the public purse. Instead, revenue will come from selling short- or long-term memberships and funding from up to four major sponsors which are currently being sought.

For more information on companies in this article

Related Content

  • Smart parking key to sustainable urban mobility
    April 26, 2013
    Smart parking looks like a market poised to take off in the US. It could bring many benefits, not just for parking facility operators and their customers but also for society as a whole. Steven Bayless, senior director, telecommunications and telematics at ITS America, looks at some of the opportunities and challenges involved. Parking is an estimated $24-25 billion industry in the US and although highly fragmented, it is experiencing a growing trend towards consolidation and outsourcing of parking operatio
    Read More
  • Parkeon technology partners Northern Ireland transport ticketing investment
    September 8, 2016
    Northern Ireland Infrastructure Minister Chris Hazzard has announced a US$60 million (£45 million) investment programme that will deliver a modernised ticketing system for Northern Ireland which is set to transform travel and lead to an increase in the number of people using public transport.
    Read More
  • Telvent relocates and takes a global stance on ITS
    March 12, 2012
    Telvent's Manuel Sanchez Ortega, on relocating the company's headquarters to the US and how that fits in the international scheme of things. The change-of-address cards are in the post; Manuel Sanchez Ortega has just moved homes. The domestic upheaval of Telvent's Chairman and Chief Executive comes as a result of the decision to relocate many of the company's headquarter functions from Madrid to Rockville, Maryland in the US. Viewed in the context of its significant recent acquisitions in North America - am
    Read More
  • e-Call emergency service doesn't go far enough
    January 30, 2012
    eCall misses the point and is only a tacit acknowledgement that the road safety issue has not yet been adequately addressed, according to FEMA's Aline Delhaye. According to the Federation of European Motorcyclists' Associations (FEMA), the European Commission's (EC's) ambitions for eCall implementation are premature and fail to take account of all road users' needs or of technological progress elsewhere.
    Read More

Highlighted Content