I wrote an article for our most recent newsletter about the Bixi financial
problems. (Newsletter will be out tomorrow, but article is already up.) If
you really want to dig into what other news is saying, there are links to
more articles in my story.
http://www.ssti.us/2014/01/bixi-bankruptcy-a-blow-to-bike-sharing-but-cities-vow-no-disruption/

There has been a lot of press about Bixi because they provided the bikes to
London, Melbourne, Toronto, Chicago, NYC, and DC, in addition to many other
large and medium-sized cities in North America. They definitely got most of
the largest systems in the English-speaking world (and Montreal). Except
for the Globe and Mail article Scott just sent, I don't think I found one
other major media mention that points out that Bixi is not the only company
providing bikeshare bikes.

In writing the article I also found out all sorts of info about the
financial structure and history of the company and some of the cities that
have withheld payment because of software problems. Apparently, even their
partner Alta Bikeshare is suing them because of software glitches and
delays.

It sounds like a whole cascade of events, many brought about by business
disputes - both between Bixi and the original software company and then
between various cities and Bixi.



Robbie Webber
Transportation Policy Analyst
State Smart Transportation Initiative
www.ssti.us
608-263-9984 (o)
[email protected]
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