What does ICTS mean in NASDAQ Symbols?

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I C T S International, N. V.

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Definition

What does ICTS mean?

ICTS
The Intermediate Capacity Transit System Mark I cars are the Scarborough RT rolling stock. They were built from 1983–1986 for the Toronto Transit Commission. The cars were built by the Urban Transportation Development Corporation in Millhaven, Ontario. The RT initially operated with 2 car units, then later as 4 car units. A test run began in 1984 and full service in 1985. The fleet numbers of the cars used are 3000–3027. Very similar models with similar interior and exterior looks are found on the following people mover systems: SkyTrain Detroit People Mover Both people mover systems listed above have their UTDC ICTS Mark I trains run automatically with computer systems controlling them. TTC ICTS cars have an operator cab in each car and is occupied when the car is the lead car on a run. Because of the retirement of the entire H-Series trains in 2014, The ICTS cars are currently the oldest subway trains in the system.

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"ICTS." Abbreviations.com. STANDS4 LLC, 2024. Web. 16 Apr. 2024. <https://www.abbreviations.com/term/8509>.

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