Forex News
Argo Launches Smart Routing™ Transit in Caledon
Argo Corporation (TSXV: ARGH) launched Smart Routing™ transit service in the Town of Caledon, deployed about three months after contract signing.
- Argo Corporation trades under the ticker TSXV: ARGH.
- Smart Routing™ launched in Caledon, covering Bolton, Caledon East and Mayfield West/Southfields.
- The Caledon network became fully operational approximately three months after contract signing.
- In Brampton, Smart Routing™ is PRESTO-integrated.
- In Bradford West Gwillimbury, ridership more than doubled and cost per ride declined by more than 50%.
Launch
Argo Corporation (TSXV: ARGH) launched Smart Routing™ transit infrastructure and service in the Town of Caledon. The network reached full operation approximately three months after contract signing. The announcement carries a publication date of September 15, 2026.
Service Areas
Smart Routing™ in Caledon serves Bolton, Caledon East and Mayfield West/Southfields. Riders book trips through the Argo Transit app or by phone. The service connects with GO Transit, Brampton Transit and York Region Transit.
Regional Performance
In Brampton, Smart Routing™ is PRESTO-integrated. In Bradford West Gwillimbury, ridership more than doubled. Cost per ride in Bradford West Gwillimbury declined by more than 50%.
Executive Comment
Praveen Arichandran, Co-founder and CEO of Argo, commented on the rollout.
Caledon went from agreement signing to a fully operating electric Smart Routing™ transit network across three communities in approximately three months.
— Praveen Arichandran