TriMet

Hayden AI and LYT Partner to Deliver Real-time Technology Solutions for Public Transit

Retrieved on: 
Tuesday, February 20, 2024

Two leading AI companies, Hayden AI, a provider of vision AI and spatial analytics technologies, and LYT, a provider of intelligent connected traffic technology solutions, today announced a partnership designed to holistically enhance public transportation.

Key Points: 
  • Two leading AI companies, Hayden AI, a provider of vision AI and spatial analytics technologies, and LYT, a provider of intelligent connected traffic technology solutions, today announced a partnership designed to holistically enhance public transportation.
  • The companies seek to combine the real-time data and location accuracy applications of Hayden AI’s bus-mounted vision AI platform and LYT’s transit signal priority system to create technology solutions that help transit agencies improve road safety, on-time bus performance, and accessibility – several key factors for riders when choosing public transit.
  • “Transit zone enforcement and transit signal priority are two powerful tools to improve transit service for riders.
  • Working with Hayden AI will open up even greater efficiency improvements for our transit agency customers,” said Tim Menard, CEO and Founder of LYT.

NEXANS DELIVERS ROBUST PERFORMANCE IN 2023

Retrieved on: 
Thursday, February 15, 2024

These two acquisitions add €500 million current sales in Electrification and enhance Nexans' global portfolio in key segments.

Key Points: 
  • These two acquisitions add €500 million current sales in Electrification and enhance Nexans' global portfolio in key segments.
  • Adjusted EBITDA reached €665 million in 2023, up by a strong +8.2% versus €616 million in 2022.
  • Adjusted EBITDA margin was strong at 10.2% versus 9.1% in 2022, supported by cable businesses and illustrating Nexans’ value-driven model and embedded focus on performance.
  • Notable developments in 2023 included:
    The accelerated deployment of the E3 performance model to ensure the convergence of Economic, Engagement and Environment pillars.

LECIP INC. secures contract with TriMet to provide cutting-edge Farebox Solution

Retrieved on: 
Thursday, October 5, 2023

The system is scheduled to be delivered to TriMet and start operation in 2025.

Key Points: 
  • The system is scheduled to be delivered to TriMet and start operation in 2025.
  • LECIP will deliver a complete cash fare collection system including its back office, managed in a cloud system, covering the entire bus fleet owned by TriMet.
  • TriMet operates a bus and rail public transportation system in the Portland metropolitan area in the state of Oregon.
  • Incorporated in 1953, LECIP provides Automated Fare Collection system, including smart card reader, farebox, and ticket issuer, as well as LED lighting and LCD displays for public transport.

moovel Partners with Metropia to be their Exclusive MaaS Solutions Distributor in North America

Retrieved on: 
Monday, April 24, 2023

moovel is a leader in innovation for transit fare collection and ticketing solutions in North America and has been providing quality fare collection experience for over a decade with transit clients and partner companies.

Key Points: 
  • moovel is a leader in innovation for transit fare collection and ticketing solutions in North America and has been providing quality fare collection experience for over a decade with transit clients and partner companies.
  • moovel was the first company to launch smart card emulation on a mobile device, using both Apple and Google wallet applications, in North America with TriMet in Portland, Oregon.
  • Metropia's innovative Maas solution is currently powering the TxDOT Houston District ConnectSmart and Taiwan's Ministry of Transportation (MOTC) national MaaS programs.
  • To learn more about Metropia its innovative technology and deployments visit metropia.com
    View original content to download multimedia: https://www.prnewswire.com/news-releases/moovel-partners-with-metropia-t...

U.S. Payments Forum Webinar Shares Messaging Strategies for Accelerating Customer Adoption of Transit Open Payments

Retrieved on: 
Tuesday, November 15, 2022

REDWOOD CITY, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) -- The U.S. Payments Forum , an integral part of the Secure Technology Alliance , today announced an upcoming webinar titled Customer Messaging for Transit Open Payments.

Key Points: 
  • REDWOOD CITY, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) -- The U.S. Payments Forum , an integral part of the Secure Technology Alliance , today announced an upcoming webinar titled Customer Messaging for Transit Open Payments.
  • Attendees will gain a deeper understanding of how transit open payments work and learn messaging strategies for educating commuters and bolstering the adoption of these payment systems.
  • We believe open payments are essential for widely-used transit systems, which are in turn foundational to thriving, sustainable cities, said Jason Bohrer, executive director of the U.S. Payments Forum and the Secure Technology Alliance.
  • But if we want our customers to use open payments, we need to help them learn how.

Industrial Metrology Market Worth $14.6 Billion USD by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 7, 2022

CHICAGO, Oct. 7, 2022 /PRNewswire/ -- Industrial Metrology Market is expected to grow from USD 10.9 billion in 2022 to USD 14.6 billion by 2027, at a CAGR of 6.1%,according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Oct. 7, 2022 /PRNewswire/ -- Industrial Metrology Market is expected to grow from USD 10.9 billion in 2022 to USD 14.6 billion by 2027, at a CAGR of 6.1%,according to a new report by MarketsandMarkets.
  • Aerospace & defense and automotive are the major industries where industrial metrology equipment are used for quality control and inspection.
  • In the aerospace & defense industry, industrial metrology equipment are used for quality control and inspection of various parts and components.
  • The software segment is expected to witness significant growth in the industrial metrology market during the forecast period.

Industrial Metrology Market Worth $14.6 Billion USD by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, October 7, 2022

CHICAGO, Oct. 7, 2022 /PRNewswire/ -- Industrial Metrology Market is expected to grow from USD 10.9 billion in 2022 to USD 14.6 billion by 2027, at a CAGR of 6.1%,according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Oct. 7, 2022 /PRNewswire/ -- Industrial Metrology Market is expected to grow from USD 10.9 billion in 2022 to USD 14.6 billion by 2027, at a CAGR of 6.1%,according to a new report by MarketsandMarkets.
  • Aerospace & defense and automotive are the major industries where industrial metrology equipment are used for quality control and inspection.
  • In the aerospace & defense industry, industrial metrology equipment are used for quality control and inspection of various parts and components.
  • The software segment is expected to witness significant growth in the industrial metrology market during the forecast period.

PMA Welcomes Kam Shadan as Executive Director, National Transit & Rail Practice

Retrieved on: 
Thursday, September 8, 2022

ANN ARBOR, Mich., Sept. 8, 2022 /PRNewswire-PRWeb/ -- PMA welcomes Kam Shadan, PE, to the position of Executive Director, National Transit & Rail Practice, a new corporate operations group, reporting to the office of the CEO, based out of PMA's San Francisco Office. Kam joins Don Fredlund, Mike Brown, Dina Keirouz, Angel Ripepi, Nick Gendron, and Jeffrey Plant as a member of our PMA leadership team in the western United States (US) and Canada. Kam will help grow and serve transit and rail clients nationwide, including our work within the Federal Transit Administration (FTA) Project Management Oversight Program, providing program management and owner representation services.

Key Points: 
  • PMA welcomes Kam Shadan, PE, to the position of Executive Director, National Transit & Rail Practice, a new corporate operations group, reporting to the office of the CEO, based out of PMA's San Francisco Office.
  • ANN ARBOR, Mich., Sept. 8, 2022 /PRNewswire-PRWeb/ -- PMA welcomes Kam Shadan, PE, to the position of Executive Director, National Transit & Rail Practice, a new corporate operations group, reporting to the office of the CEO, based out of PMA's San Francisco Office.
  • Kam will help grow and serve transit and rail clients nationwide, including our work within the Federal Transit Administration (FTA) Project Management Oversight Program, providing program management and owner representation services.
  • He will be an excellent resource in helping PMA leaders across the country successfully expand their transit and rail program management and oversight practices.

Connectpoint Named "Overall Smart City Solution Provider of the Year" in 2022 IoT Breakthrough Awards Program

Retrieved on: 
Thursday, January 13, 2022

Connectpoint drives the digitalization of cities through an integrated system of information about the status of transportation systems.

Key Points: 
  • Connectpoint drives the digitalization of cities through an integrated system of information about the status of transportation systems.
  • The Company delivers innovative smart city solutions such as the Connectpoint Digital Bus Stop, an advanced solar-powered (or A/C) wireless ePaper digital sign that provides real-time public transportation information 24/7.
  • "An ideal smart city framework addresses the challenges of growing urbanization, in which citizens engage with smart city ecosystems in many ways but especially via transportation," said James Johnson, managing director at IoT Breakthrough.
  • Congratulations to the entire team at Connectpoint for winning 'Overall Smart City Solution Provider of the Year.'

Independent Marketing Firm broadhead Acquires HMH Agency

Retrieved on: 
Wednesday, January 5, 2022

broadhead , the largest independent, integrated marketing agency in Minnesota, has acquired HMH Agency , a Portland, Oregon-based firm known nationally for its creative work powering brands that are driving the future of transportation.

Key Points: 
  • broadhead , the largest independent, integrated marketing agency in Minnesota, has acquired HMH Agency , a Portland, Oregon-based firm known nationally for its creative work powering brands that are driving the future of transportation.
  • For broadhead, the addition of HMH Agency complements and diversifies an agency well known for its work in the agriculture, food and wellness channels.
  • HMH Agency will maintain its Portland- and Charlotte-based operations, and Herinckx will remain president of HMH Agency, while serving on the executive leadership team of broadhead Operating, LLC, and HMH operating units.
  • Founded in 2001, broadhead is an employee-owned company with a brand portfolio that includes broadhead, its strategy group Rabbit, and now, HMH Agency.