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For the first time since it launched nearly two years ago, Red Bike has released its financial details. While other bike-share systems around the country have struggled financially, Red Bike appears to be bucking the trend.
Although it launched less than two years ago, Red Bike has already become a very popular way to get around Cincinnati's urban core. A new video explores the system and its ongoing growth.
Usage of the region's first public bike-share program has, thus far, exceeded all ridership and growth expectations. And just after celebrating its one-year anniversary, Red Bike also celebrated its 100,000th ride early last week.
After serving in the public sector for more than nine years, John Yung, UrbanCincy's Associate Editor of Public Policy, has accepted a position at Urban Fast Forward as their Lead Project Executive.
After a predictably sluggish winter, Cincy Red Bike now appears to be on pace to beat all of its first year ridership projections, while also expanding at a rapid clip.