Philadelphia Latest City To Launch Bicycle Sharing Program

 (AP) - Philadelphia's bike share program is finally rolling.

Mayor Michael Nutter launched the Indego system Thursday with a ceremonial ride in front of the Philadelphia Museum of Art.

Officials in the nation's fifth-largest city say the program has 600 bikes and 70 docking stations that operate 24 hours a day.

Users will be able to get a bike at any station and return it to any other station by using a member card or a credit or debit card.

The city has invested $3 million and another $4.5 million is coming from state, local and foundation funding.

Independence Blue Cross will contribute about $1.7 million each year for the next five years as title sponsor.

Philadelphia follows New York, Washington, D.C. and other big cities into the bike sharing business.