B-cycle, LLC statement regarding recent PBSC bankruptcy filing
By B-cycle, LLC Jan 22, 2014 | 8:00AM
While all of us at B-cycle regret the unfortunate news that PBSC has filed for bankruptcy we feel it is important to note that this occurrence is not an indication of the future of bike share. B-cycle has implemented successful bike share systems in 30 locations in both North and South America and continues to work with a growing number of cities looking for more sustainable transportation options, most recently installing systems in Santiago, Chile and Austin, Texas. Largely owned by Trek Bicycle, one of the world's most successful bicycle companies, B-cycle is financially stable and operates under a fiscally responsible business model that delivers results for all of our systems. We believe the future of bike share is bright and look forward to bringing sustainable transportation to more of the world for years to come.