Argo Corporation Achieves Remarkable Transit Growth Milestone
Argo Corporation Reports Surge in Transit Connections
TORONTO – Argo Corporation (TSXV: ARGH) (OTCQX: ARGHF), a frontrunner in innovative transit solutions, has made headlines with a stunning increase in monthly transfers between Bradford West Gwillimbury (BWG) Transit and GO Transit at Bradford GO Station. This extraordinary surge shows connections have skyrocketed to 5.5 times higher compared to the twelve-month average prior to the rollout of Argo's Smart Routing™ system.
Impact of Smart Routing™ on Transit Ridership
The recent results highlight the effectiveness of the Smart Routing™ system in not just attracting more riders to public transit, but also in seamlessly integrating them into existing fixed routes. Following the implementation, it was reported that average daily ridership in BWG more than doubled within just two months of the system launch. With real-time GO Transit feeds combined with Ontario’s PRESTO fare system, the Smart Routing™ system is elevating the potential of traditional transit infrastructure through enhanced on-demand features.
Benefits to Riders and Public Infrastructure
The uptick in transit use is beneficial for both riders and taxpayers alike. Notably, a public survey from 2019 indicated that approximately 71% of GO customers used cars to reach their stations. As Metrolinx expands parking availability, now approaching 73,000 spaces, an increased number of effective first/last-mile transit connections can significantly alleviate the burden on parking facilities, thus decreasing personal transportation costs for riders.
Vision for Future Transit
“The impressive outcomes in Bradford are significant validation of our future-forward vision for public transit,” shared Praveen Arichandran, the CEO and co-founder of Argo. “The rapid rise in connections we’ve achieved underscores our capacity to enhance existing transit frameworks efficiently.”
About Argo Corporation
Argo Corporation aims to redefine urban mobility through its multifaceted, vertically integrated city transit system. This system is crafted to augment conventional public transport by establishing a cohesive network of intelligently routed vehicles that adapt to the needs of entire cities, placing control of commuting back into the hands of the citizens.
Connect with Argo
For further information about Argo's advancements in transit technology, visit www.rideargo.com.
Frequently Asked Questions
What is the Smart Routing™ system introduced by Argo Corporation?
The Smart Routing™ system enhances public transit by linking various transit networks and optimizing routes to improve accessibility and increase ridership.
How much has ridership increased at Bradford GO Station?
Since the implementation of the Smart Routing™ system, monthly transfers at Bradford GO Station have increased five and a half times compared to previous numbers.
Why is this growth in transit important?
This growth not only increases convenience for passengers but also helps reduce reliance on personal vehicles, easing the strain on public infrastructure.
What are the future plans for Argo Corporation?
Argo aims to continue enhancing and expanding its transit solutions while focusing on integrating with existing transportation systems to facilitate better commuting experiences.
How can I contact Argo Corporation for more information?
You can reach Argo Corporation's media contact, Christina Ra, at christina@rideargo.com or by calling (800) 575-7051.
About The Author
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