Post by
TopStockBuy on Apr 01, 2022 9:33pm
Septa ALE - Bus Revolution Plan
Septa's ALE implementation is part of their 3 Year "Bus Revolution" plan. We're in year two, 2023 being the implementation year. The focus is on Priority Bus Lanes. This is Septa's top priority and I think they agree, automated enforcement is necessary for the success of their bus revolution plan.
Philly representative, Republican Martina White was added to the Septa Board about a year ago. White was the one who introduced Automated Bus Lane enforcement legislation in 2020. She's a big advocate for it. Septa then launched a pilot project with Gatekeeper.
Cameras/DVRs are installed first. ALE is just a software and management program that uses the existing installed equipment that can be added at a later date.
Happy reading
https://septabusrevolution.com/reports/#dashboard
https://trackbill.com/bill/pennsylvania-house-bill-2578-an-act-amending-title-75-vehicles-of-the-pennsylvania-consolidated-statutes-in-preliminary-provisions-further-providing-for-definitions-and-in-rules-of-the-road-in-general-further-providing-for-prohibitions-in-specified-places-and-providing-for-automated-mass-transit-vehicle-zone-parking-enforcement-systems-in-first-class-cities-and-for-pilot-program-for-automated-bus-lane-enforcement-systems-on-designated-bus-lanes/1926694/
https://whyy.org/articles/could-automated-bus-lane-enforcement-come-to-philly/
Comment by
ando on Apr 02, 2022 8:05am
Looking to add to my position. Anyone think we will see .40's again? I am doubting it. Consolidate low 50's for a bit then up? Thanks Ando
Comment by
Tropicalsun on Apr 02, 2022 6:11pm
It is certainly possible in these volitile markets, we are bearly into the .50 cent range after all. I hope DD has more diesel fuel coming shortly for that little GSI train and we keep climbing that hill to a much higher share price. That being said, my crystal ball is no better than the next guys.