RE:No worries hereSnoozeyoulose wrote: Covid has held us back but once stimulus money starts rolling in and transit ridership gets back to normal, contracts and revenue will increase substantially. We have the product line and the management, just need patience. Longs will prosper.
100% agree Snoozeyoulose! Public transit ridership everywhere has been devastated, down 80-90% since covic19. That is what is hurting GSI.... Period. I underestimated this impact but the reality is that transit operators have had bigger things to worry about than camera's/video's. They need to get bums in seats, increase ridership, which increases operating revenues.
Gov't employers also need to get people back in the office. Not having more workers commuting to the office is killing all the service industries near work places (retail, food, gas, repairs, and yes...GSI).
Once gov't and public transit operators start increasing ridership on buses and trains, and kids are back on school buses, GSI will get a crack at bigger contracts.....Stop arm cameras are nice, but we need bums in seats first. Be patient. GLTA.