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Alta Bicycle Share Has New Owners, New CEO, New Expansion Plans
It's official: Alta Bicycle Share, the company that runs Citi Bike, has a new owner, an infusion of cash, and a fresh face at the top -- longtime transit executive Jay Walder. At a press conference this afternoon, the new team promised to correct Citi Bike's blunders and double the system's size by the end of 2017.
October 29, 2014
Alta Chief: Bike-Share Expansions Unlikely in 2014
Despite continually growing ridership, Alta Bicycle Share-operated bike-share systems across America will probably not be adding bikes or docks this year. The bankruptcy of Montreal-based Public Bike Share Company, known as Bixi, which developed and manufactured the equipment that Alta's systems use, has disrupted the supply chain that numerous cities were pinning their expansion plans on.
July 17, 2014