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Stock impact report

TCATA Selects Via to Modernize and Revitalize the Twin Cities Public Transit Network

Via Transportation, Inc. Class A (VIA) 
US:NASDAQ Investor Relations: ir.viacom.com
Company Research Source: Business Wire
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 experience, and enhancing passenger and operational safety.Via and TCATA hold a shared vision that everyone in the area should have access to efficient and affordable mobility – and that this can be achieved without an increase in operating costs. TCATA selected Via on the back of the Company’s successful network takeovers in cities such as Sioux Falls, South Dakota, and Mobile Alabama where Via has been able to increase ridership by nearly 40% and reduce safety incidents by 70%, all while re Show less Read more
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