Bus transport

BRT Apartments Corp. Generates Gain of Approximately $30 Million from Sales of Two Properties

Retrieved on: 
Tuesday, August 3, 2021
Transport, Service industries, Human activities, Bus rapid transit, Bus transport, Sustainable transport, Sustainable urban planning, Transportation planning, Mortgage loan

GREAT NECK, N.Y., Aug. 03, 2021 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) today announced it completed the sale of two multi-family properties owned by an unconsolidated joint venture in which BRT has a 50% interest.

Key Points: 
  • GREAT NECK, N.Y., Aug. 03, 2021 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) today announced it completed the sale of two multi-family properties owned by an unconsolidated joint venture in which BRT has a 50% interest.
  • BRT estimates that as a result of these sales, it will, in the third quarter, after giving effect to its $4.2 million share of a mortgage prepayment charge, recognize an aggregate gain of approximately $30 million of equity in earnings.
  • BRT is a real estate investment trust that owns and operates multi-family properties.
  • Additional financial and descriptive information on BRT, its operations and its portfolio, is available at BRTs website at: http://BRTapartments.com .

BRT Apartments Corp. Agrees to Sell Two Multi-Family Properties and Will Recognize Embedded Gains in the Portfolio

Retrieved on: 
Monday, June 28, 2021
Transport, Service industries, Human activities, Bus rapid transit, Bus transport, Sustainable transport, Sustainable urban planning, Transportation planning, Underwriting

We are excited about the Bells Bluff acquisition and will continue to look for acquisitions that meet our underwriting criteria.

Key Points: 
  • We are excited about the Bells Bluff acquisition and will continue to look for acquisitions that meet our underwriting criteria.
  • Both properties are owned by an unconsolidated joint venture in which BRT has a 50% interest.
  • BRT is a real estate investment trust that either directly, or through joint ventures, owns, operates and, to a lesser extent, develops multi-family properties.
  • Additional financial and descriptive information on BRT, its operations and its portfolio, is available at BRTs website at: http://BRTapartments.com .

BRT Apartments Corp. Completes Sale of Kendall Manor

Retrieved on: 
Thursday, May 27, 2021
Transport, Service industries, Bus rapid transit, Bus transport, Sustainable transport, Sustainable urban planning, Transportation planning, Human activities

GREAT NECK, N.Y., May 27, 2021 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) today announced that it completed its previously announced sale of its wholly-owned multi-family property, Kendall Manor, located in Houston, Texas for a sales price of $24.5 million.

Key Points: 
  • GREAT NECK, N.Y., May 27, 2021 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) today announced that it completed its previously announced sale of its wholly-owned multi-family property, Kendall Manor, located in Houston, Texas for a sales price of $24.5 million.
  • BRT generated net proceeds of approximately $9.5 million from the sale and estimates that during the quarter ending June 30, 2021, it will recognize a gain on sale of this property of $7.4 million.
  • BRT is a real estate investment trust that either directly, or through joint ventures, owns, operates and, to a lesser extent, develops multi-family properties.
  • Additional financial and descriptive information on BRT, its operations and its portfolio, is available at BRTs website at: http://BRTapartments.com .

Worldwide Online Taxi Services Industry to 2030 - Major Players Include Lyft, Didi Chuxing and GrabTaxi Holdings Among Others

Retrieved on: 
Thursday, May 27, 2021
Transport, Service industries, Bus transport, Share taxi, Sustainable transport, Transport in Israel, Market

It compares the online taxi services market with other segments of the online taxi services market by size and growth, historic and forecast.

Key Points: 
  • It compares the online taxi services market with other segments of the online taxi services market by size and growth, historic and forecast.
  • The availability of high-speed internet connectivity and convenience associated with using online services is shifting consumer preferences towards online taxi services.
  • Stringent regulations imposed on online taxi services operations limit the growth of the online taxi services market.
  • Thus, the stringent rules and regulations imposed on taxi services are restricting the online taxi services market growth during the forecast period.

Global Bus Rapid Transit Systems (BRT) Market Report 2020 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 29, 2020
Transport, Public transport, Transport, Sustainable transport, Sustainable urban planning, Transportation planning, Bus rapid transit, Bus transport, Bangkok BRT, Public transportation in the United States, Bus rapid transit in New Jersey

The "Bus Rapid Transit Systems (BRT) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Bus Rapid Transit Systems (BRT) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • The global bus rapid transit systems (BRT) market grew at a CAGR of around 7% during 2014-2019.
  • Looking forward, the global bus rapid transit systems (BRT) market to continue its moderate growth during the next five years.
  • What is the structure of the global bus rapid transit systems (BRT) market and who are the key players?

Robotic Research Publishes White Paper Spotlighting Automated Bus Rapid Transit in the Future of Urban Transportation

Retrieved on: 
Thursday, December 17, 2020
Public transport, Technology, Rail, Automotive, General Automotive, Transport, Other Technology, Software, Hardware, Transport, Sustainable transport, Land transport, Transportation planning, Sustainable urban planning, Bus transport, Bus rapid transit, Ion rapid transit, BRT, Light rail, Public transport, Bus lane

Robotic Research LLC , one of the worlds leading autonomous technology providers, today released a new white paper titled Automated Bus Rapid Transit: A New Mode for High-Quality, High-Capacity Transit Corridors.

Key Points: 
  • Robotic Research LLC , one of the worlds leading autonomous technology providers, today released a new white paper titled Automated Bus Rapid Transit: A New Mode for High-Quality, High-Capacity Transit Corridors.
  • This whitepaper summarizes how automated vehicle technologies significantly enhance the quality and capacity of Bus Rapid Transit (BRT), creating a new form of transit, Automated Bus Rapid Transit (ABRT).
  • The white paper highlights how ABRT can be an effective alternative to conventional BRT and Light Rail Transit (LRT) in planning transit corridor investments.
  • The report describes bus automation projects by Robotic Research, including:
    Exclusive Bus Lane platooning demonstration on the contraflow bus lane that serves the Lincoln Tunnel.

GTT Provides Better Opticom Priority Control Accuracy with New Geo-Locating Chipset

Retrieved on: 
Wednesday, December 16, 2020
Traffic signals, Transport, Bus priority signal, Bus transport, Public transport, Opticom, Global Positioning System, Urban canyon

In fact, many connected vehicle applications, including emergency vehicle preemption and transit signal priority, rely on GPS to determine the real-time location of vehicles.

Key Points: 
  • In fact, many connected vehicle applications, including emergency vehicle preemption and transit signal priority, rely on GPS to determine the real-time location of vehicles.
  • "It's well-documented that urban canyons and multipath effects can negatively impact the accuracy and overall performance of GPS-based locating," GTT VP of Product Development Ravi Shah said.
  • Adding GNSS will enable more consistent, reliable priority control in dense urban areas with obstructions such as bridges, tunnels and tall buildings.
  • Thousands of emergency, transit and traffic agencies have trusted the innovative, comprehensive Opticom traffic solutions for more than 50 years.

BRT Apartments Corp. Announces Quarterly Dividend

Retrieved on: 
Tuesday, December 1, 2020
Transport, Bus rapid transit, Bus transport, Sustainable transport, Sustainable urban planning, Transportation planning, Dividend

GREAT NECK, N.Y., Dec. 01, 2020 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that its Board of Directors declared a quarterly dividend on the Companys common stock of $0.22 per share.

Key Points: 
  • GREAT NECK, N.Y., Dec. 01, 2020 (GLOBE NEWSWIRE) -- BRT Apartments Corp. (NYSE:BRT) announced that its Board of Directors declared a quarterly dividend on the Companys common stock of $0.22 per share.
  • The dividend is payable January 7, 2021 to stockholders of record on December17, 2020.
  • BRT is a real estate investment trust that directly, or through joint ventures, owns and operates multi-family properties.
  • Additional financial and descriptive information on BRT, its operations and its portfolio, is available at BRTs website at: http://brtapartments.com .

BRT Apartments Corp. Reports Third Quarter Results for 2020

Retrieved on: 
Thursday, November 5, 2020
Transport, Bus rapid transit, Bus transport, Sustainable transport, Sustainable urban planning, Transportation planning

GREAT NECK, N.Y., Nov. 05, 2020 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas today announced operating results for the three months ended September 30, 2020.

Key Points: 
  • GREAT NECK, N.Y., Nov. 05, 2020 (GLOBE NEWSWIRE) -- BRT APARTMENTS CORP. (NYSE:BRT), a multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas today announced operating results for the three months ended September 30, 2020.
  • Net loss for the 2020 quarter includes a $3.64 million, or $0.21 per diluted share, non-cash impairment charge.
  • BRTs equity interests in these unconsolidated subsidiaries, over which BRT actively oversees the management, generally ranges from 50% to 90%.
  • During the quarter ended September 30, 2020, the average rental rate per occupied unit at consolidated properties was approximately $1,085 per month compared to approximately $1,044 per month during the corresponding 2019 quarter.

Hildebrand Global Traffic Technologies Launches Opticom 360, an AI-Powered, Cloud-Based Telematics Platform Designed to Optimize Municipal Fleets

Retrieved on: 
Wednesday, September 23, 2020
Transport, Land transport, Road transport, Opticom, Bus transport, Public transport, Bus priority, Smart city, Traffic light, Transport, Land transport, Road transport, Opticom, Bus transport, Public transport, Bus priority, Smart city, Traffic light

ST. PAUL, Minn., Sept. 23, 2020 /PRNewswire/ -- Global Traffic Technologies , LLC (GTT), the global market leader in traffic signal priority control systems, announces the launch of its smart city platform for mobility management Opticom 360.

Key Points: 
  • ST. PAUL, Minn., Sept. 23, 2020 /PRNewswire/ -- Global Traffic Technologies , LLC (GTT), the global market leader in traffic signal priority control systems, announces the launch of its smart city platform for mobility management Opticom 360.
  • Opticom 360 revolutionizes the public sector space by bringing together a smart city version of traffic signal priority control and end-to-end fleet management functionalities, all under a single, connected cloud platform.
  • "Cities with fleets can now utilize Opticom 360's capabilities to get a real-time view of their vehicles, teams and traffic infrastructure, all on the same screen."
  • Thousands of emergency, transit and traffic agencies have trusted the innovative, comprehensive Opticom traffic solutions for more than 50 years.