BENTON HARBOR, Mich.--(BUSINESS WIRE)--The Twin Cities Area Transportation Authority (TCATA) has selected Via to deploy its category-leading software and services platform to transform the area's public transit system. Leveraging Via's unique ability to provide end-to-end planning, operation, and optimization of multi-modal transit networks, Via and TCATA will perform a comprehensive redesign of the area's transit focusing on improving transit access and reliability, modernizing the passenger e. ...

Core Insights - ABM has been selected by DASH to provide EV charging infrastructure for the electrification of Alexandria's public bus fleet [2][3] - The project includes the installation of an in-route pantograph charger, power cabinets, and electrical infrastructure, allowing buses to charge while in service [3] - This initiative is part of a broader electrification plan for DASH, which serves over 15,000 riders daily and aims to enhance operational efficiency and reduce greenhouse gas emissions [4][6] Company Overview - ABM is a leading provider of integrated facility, engineering, and infrastructure solutions, with over 100,000 team members [7] - The company generates over $8 billion in annual revenue and serves various sectors including commercial real estate, aviation, and education [8] - ABM focuses on innovative technologies and sustainable solutions to enhance facilities and meet evolving challenges [8]

Core Insights - ABM has been selected by DASH to provide essential EV charging infrastructure, marking a significant step in the electrification of Alexandria's public bus fleet [3][4] - The project includes the installation of an in-route pantograph charger and supporting electrical infrastructure, allowing DASH buses to charge while in service, thus enhancing operational flexibility [4][5] - This initiative is part of a broader electrification plan for DASH, which serves over 15,000 riders daily and aims to reduce greenhouse gas emissions while improving rider experience [5][7] Company Overview - ABM is a leading provider of energy infrastructure and facility solutions, with over 100,000 team members and annual revenues exceeding $8 billion [8][9] - The company serves various sectors, including commercial real estate, aviation, education, and manufacturing, focusing on innovative technologies and sustainable solutions [9] Project Details - The installation was completed under the EV Charging Station Equipment and Services cooperative purchasing agreement, facilitating streamlined procurement for public entities [6] - The project aims to enhance service reliability for DASH riders and provides a scalable solution for future electrification phases [7]

Core Insights - Argo Corporation's Smart Routing™ system has led to a significant increase in monthly transfers at Bradford GO Station, with a 5.5x rise compared to the 12-month baseline prior to its launch in April 2025 [1][2] - The average total daily ridership in Bradford West Gwillimbury more than doubled within two months of the Smart Routing™ system's implementation, indicating its effectiveness in enhancing transit usage [2] - The integration of real-time GO Transit feeds and Ontario's PRESTO fare system further enhances the Smart Routing™ system's capability to improve existing transit infrastructure [2] Group 1 - The increase in connections to Bradford GO Station demonstrates the effectiveness of Argo's Smart Routing™ system in complementing existing public transit networks [1][2] - Public data indicates that in 2019, approximately 71% of GO customers accessed their origin station by car, highlighting the need for improved first/last-mile transit connections [3] - The growth in transit ridership benefits both riders and taxpayers by reducing personal car and rideshare costs while alleviating pressure on publicly-funded parking infrastructure [3] Group 2 - CEO Praveen Arichandran emphasized that the results in Bradford West Gwillimbury validate the company's vision for a future where public transit is the most convenient travel option [4] - Argo aims to create a vertically and publicly integrated city transit system that enhances public transportation and provides intelligently routed vehicles to meet urban mobility needs [4]

Core Insights - Argo Corporation has successfully integrated PRESTO fare-collection hardware on its Argo X1 electric buses in preparation for a public launch in Brampton [1][2] - The integration includes real-time GO Transit departure information in the Argo app, enhancing user experience and facilitating easier transfers [1][3] - The collaboration with Metrolinx aims to establish Ontario as a leader in modern transit systems, promoting on-demand service and improving public transit accessibility [4] PRESTO Fare Integration - Argo has entered into an agreement with Metrolinx to facilitate the integration of PRESTO fare-collection devices on Argo X1 buses [2] - This agreement allows for fare integration for transfers between Brampton Transit and GO Transit under Ontario's One Fare Program [2] GO Transit Feed Integration - The Smart Routing™ system by Argo provides on-demand service, picking riders up near their doors with electric buses [3] - The system has already enabled thousands of connections to Bradford GO Station, and the integration of real-time GO Transit feeds will allow riders to view live departure times in the Argo app [3] Company Vision - The CEO of Argo emphasizes the commitment to enhancing public transit in Ontario through partnerships with provincial and municipal entities [4] - Argo aims to create a vertically and publicly integrated city transit system that intelligently routes vehicles to meet urban mobility needs [4]

Market Overview - The U.S. stock market opened with mixed results, with the Nasdaq up by 0.11%, while the S&P 500 and Dow were down by 0.05% and 0.13% respectively, and the Russell 2000 saw a decline of 0.36% [3][7] - Stocks are looking to continue a week-long rally, supported by economic data indicating a likely 25 basis point rate cut by the Federal Reserve in the upcoming policy meeting [8] Consumer Sentiment - The University of Michigan Consumer Sentiment Index for September came in at 55.4, down from 58.2 the previous month, indicating a decline in consumer confidence [2] - Inflation expectations have risen, while future expectations have significantly dipped, despite a slight increase in current conditions [2] Economic Data and Earnings - The only major economic report for the day is the Preliminary Michigan Consumer Sentiment data, expected to show little change month-over-month [5] - JinkoSolar (JKS) is the only notable earnings report scheduled for today, with a market cap exceeding $1 billion [5] IPOs - Two significant IPOs are set for today: Gemini Space Station (GEMI), a crypto exchange, and Via Transportation (VIA), a public transit contractor [4]

Core Insights - SafeSpace Global Corporation is launching a pilot program with the Kansas City Area Transportation Authority (KCATA) to implement its AI-driven safety technology on buses in preparation for the FIFA World Cup 2026 [1][2][5] Group 1: Pilot Program Details - The initial Phase 1 deployment will involve seven buses, focusing on enhancing situational awareness and proactive safety measures [3][4] - Following the evaluation of Phase 1, a Phase 2 expansion will add SafeSpace technology to an additional 20 buses, with a final phase aiming to equip the entire KCATA fleet before the World Cup [3] Group 2: Technology Overview - SafeSpace is an AI-powered platform that integrates video, audio, and sensor analytics to provide real-time monitoring and alerts, enhancing situational awareness and enabling swift responses to security threats [4][6] - The technology aims to address potential risks associated with large-scale events, such as missing persons and human trafficking, thereby creating a safer environment for riders [6] Group 3: Company Background - SafeSpace Global Corporation specializes in multimodal AI technology solutions aimed at enhancing safety across various sectors, including transportation, healthcare, and education [7] - The company is committed to developing advanced AI technologies to improve situational awareness and mitigate risks in critical environments [7]