A $200 billion investment in the nation's public transportation infrastructure, over a 10-year period, could create and sustain 10 million jobs across America, according to a new analysis by the American Public Transportation Association (APTA). In addition, it could provide sustained economic growth by contributing $800 billion to the nation's Gross Domestic Product over a 20-year period.
"We have an opportunity to bring together a bi-partisan effort amongst Congress and the Administration to revitalize main street America with smart investments in local public transit," said APTA Chair Doran Barnes. "Public transit's role in getting people to work and bringing customers to businesses results in the far reaching economic impact of this investment. This coupled with our extensive supply chain provides for manufacturing jobs in small, mid-size and large communities."
The $200 billion figure in the APTA Infrastructure Analysis is based on three separate analyses as the association developed its recommendations for the FAST Act. Association researchers took a look at what $200 billion of a $1 trillion investment flowing to the nation's public transportation infrastructure could do over a 10-year period.
Particularly for small and mid-size communities, this investment will garner the greatest impact. For instance, purchasing new buses and upgrading equipment and facilities will be a game changer for small and mid-size communities. Specifically, nearly 90% of public transit trips directly benefit the economy by getting people to work and connecting them to local businesses, according to a recent APTA demographics study.
"This additional investment is the key to addressing the nation's aging public transportation infrastructure," said APTA Acting President/CEO Richard White. "Data from the U.S. Department of Transportation shows we need to invest nearly $90 billion just to bring our systems into a state of good repair. More than 40 percent of buses and 25 percent of rail train assets are in marginal or poor condition."
Recently the American Society of Civil Engineers (ASCE) rated the nation's public transit infrastructure a D minus. That is the lowest infrastructure grade of ASCE's 10 critical infrastructure sectors and it shows transit infrastructure's further degradation from the previous report.
As Congress moves forward with implementation of a new infrastructure initiative, APTA urges the Trump Administration and Congress to dramatically increase the current investment levels in support of the nation's public transportation and intercity passenger rail systems.
Ad Loading...
"We live in a time where there may be a number of policy issues that separate us, but investing in our public transportation infrastructure is the one issue that unites us," said White.
The APTA Infrastructure Analysis is based on data collected from four Federal funding formula programs and local metropolitan planning organizations. Calculations of job creation are derived from economic models developed by APTA through its established published economic studies. To access the amount of funding per Congressional district, and information on projects in parts of the country click here.
The company partners with manufacturers such as Kiel Seating, Camira Fabric, and TSI Video, focusing on areas that directly impact both passenger experience and operational performance.
Erin Hockman will officially assume the role on May 7, as current CEO Amanda Wanke departs to take a leadership position with Metro Transit in the Twin Cities.
The survey showed that commute trips still make up the majority of ridership, with most riders boarding 2 to 3 days a week, reflecting hybrid work schedules. Two-thirds of Caltrain riders have access to a car, while 37% of Caltrain riders are considered low-income.
The plan outlines strategies to protect transit infrastructure from extreme weather, prioritize critical investments, and improve system reliability as climate risks intensify.
In this edition, we cover recent appointments and announcements at MCTS, Voith, and more, showcasing the individuals helping to shape the future of transportation.
Advances in data and analytics are giving transit agencies new opportunities to refine maintenance practices, improve efficiency and make more informed decisions about asset performance.
Today’s riders—and the communities you serve—expect more from public transit. While ADA compliance is required, leading transit agencies know that true accessibility also means delivering dignity, efficiency, and a better rider experience. This whitepaper reveals why forward thinking agencies nationwide choose the Low Floor Frontrunner as their first choice for ADA compliant vehicles—setting a new standard with passenger first design, faster boarding, improved safety, and unmatched operational performance.