Divvy bike supplier Public Bike System files for bankruptcy

Chicago's bike sharing program, Divvy.
January 20, 2014 6:45:40 PM PST
Chicago's Divvy bikes will roll along as usual, even though the supplier announced that it is filing for bankruptcy.

That's according to the Chicago Department of Transportation.

The supplier is named Public Bike System and they provide stations, docks and software to Divvy.

However, the bankruptcy filing on Monday could be trouble for Mayor Rahm Emanuel's plan to expand the bike-sharing program.

In November, he revealed plans for a $3 million dollar federal grant to add 75 more bike stations.


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