An agreement that would provide Citi Bike with a substantial capital investment—greatly expanding its geographic reach and number of bikes—is in final stages of negotiations, according to the Wall Street Journal.
Jul 25, 2014 The Wall Street Journal
Bike share programs are spreading throughout the United States, now in 36 urban areas, up from six four years ago. However, half the programs have encountered technical or financial difficulties, according to a tally by The Wall Street Journal.
Jul 11, 2014 The Wall Street Journal
Few details are available about just how troubled the financial situation is at the country’s most recognizable bikeshare program, but it’s possible that Citi Bike will need a cash infusion or a new model to stay in business.
Mar 21, 2014 The Wall Street Journal
It turns out New York isn't the only large city struggling to get its heralded bike-share system off the ground. Chicago's rush to launch Divvy has hit a snag, delaying the program's launch by two weeks.
Jun 13, 2013 WNYC: Transportation Nation
Software problems delayed the launch of New York City's bike share program for nearly a year. Now that the system has launched, technical problems persist. Will they threaten its success?
Jun 6, 2013 Reuters
Set to launch this summer with 700 bikes at 70 locations from San Jose to San Francisco, the pilot bike-share program run by Alta Bike Share will be the first regional program in the country, reports Molly Schremmer.
Mar 27, 2013 SPUR
Notoriously bike-friendly city; home to country's leading bike-share operator; a latecomer to the bike-share bandwagon. What's working with this picture of Portland, Oregon?
Dec 16, 2012 Oregon Public Broadcasting
After weeks of speculation after its supposed July launch date came and went, this morning Mayor Michael Bloomberg announced that New York's much anticipated bike-share program will be seen on city streets beginning next March.
Aug 17, 2012 The New York Times
Although for seemingly different reasons, Portland-based Alta Bicycle Share is at the center of delays in launching highly-anticipated bike share programs in both Chicago and New York.
Aug 9, 2012 Chicago Sun-Times
With Citi Bike, New York's landmark bike-share program, set to miss its expected July launch, city officials and the company running the program are giving few clues as to what's causing the delay and when the program may actually become operational.
Jul 30, 2012 The New York Times