Management & Operations

Toronto Transit loses $13.6M due to SARS, blackout

Posted on September 4, 2003

The Toronto Transit Commission (TTC) has lost $13.6 million due to SARS and last month's blackout, said The Toronto Star. The TTC estimates it lost 6 million rides due to SARS and another 2.5 million rides after the power outage shut down the subway and streetcar lines for four days, said the paper. Unless the city receives government compensation to make up for the difference, the TTC may have to cut service levels or hike fares, said TTC spokesperson Lynn Hilborn. Traditionally, fares cover approximately 80% of the system's operating costs, with property taxpayers making up the difference.

View comments or post a comment on this story. (0 Comments)

More News

King County Metro, Intersection extend advertising contract

The agency first tapped Intersection in 2005, when, operating as Titan, the company won a competitive contract granting the exclusive rights to sell advertising on its 1,400 buses and facilities

BAI Communications acquires inMOTION Wireless

In 2014, inMOTION was awarded an exclusive 22-year license by Boston’s MBTA to design, build, finance, and operate a multi-application high-speed network along the MBTA Commuter Rail System and on MBTA ferries.

Calif.'s Big Blue Bus rolls out mobile ticketing app

The program will be evaluated after a six-month period to determine whether customers feel that the app fare payment is beneficial, in addition to BBB staff determining the cost/benefit of adding the app to BBB’s suite of fare media products.

Pace mourns death of Bolton, former deputy exec. director

He passed away in the early hours of April 15, 2017, after battling pancreatic cancer. He was 69.

CATA CEO Draggoo announces plan to retire

She is currently the longest-serving transit CEO in the nation. Her career with the authority spans 43 years, 32 of them as CATA’s CEO.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close