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The Austin Rapid Transit Railway had operated at a loss from 1892 and was in receivership from 1897 until it shut down in 1902 selling its assets at auction to its president, F. H. Watriss. [15] Watriss established the Austin Electric Railway Company in 1902 and the old company was merged into the new one. [16]
CapMetro Rail is a hybrid rail (light rail with some features similar to commuter rail) system that serves the Greater Austin area in Texas and is owned by CapMetro, Austin's primary public transportation provider. The Red Line is CapMetro's first and currently only rail line, and connects Downtown Austin with Austin's northwestern
CapMetro Bus is the bus public transit service of the Capital Metropolitan Transportation Authority of Austin, Texas and serves Austin and the surrounding areas. MetroBus services include 82 standard routes and 15 high-frequency bus routes as of August 2021.
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Leadership for Austin's public transit union has raised concerns, contending the multinational company has a poor track record on labor issues. CapMetro mulling $752 million contract for a new ...
In March 2021, the company won the bid and acquired the assets of Israeli tech company Royal App Ltd and announced Bianca Meger as the CEO of Metro One Telecommunication. In November 2021, the company raised $1.98 million by their first post-bankruptcy deal selling common stock and warrants. [18] [19]
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Waymo said it will open its ride-hailing program, Waymo One, to the public in Austin at a later date, adding that this will make Austin the fourth ri Waymo robotaxi to begin driverless services ...