Labor deal prevents L.A. transit strike
LOS ANGELES — In what is being called a historic accord, the Los Angeles County Metropolitan Transit Authority (MTA) has entered into a three-year tentative agreement with its bus drivers and mechanics. It is the first time since 1997 that MTA labor negotiations will not end with a bus strike. For the full story,click here.
D.C. Metro uses ATMs to boost cash flow
WASHINGTON, D.C. — A contract with Chevy Chase Bank to provide ATMs at 36 Metrorail transit stations is bringing in nearly $90,000 a month for the Washington Metropolitan Area Transit Authority. The deal also includes new forms of advertising, such as station banners and tunnel ads. For the full story, click here.
Monorail revenue, daily ridership fall in Vegas
LAS VEGAS — Las Vegas Monorail ridership and farebox revenues were down in May, 14% and 17% respectively, compared to April’s numbers, causing even more woes for the monorail system that was launched in 2004. The $650 million privately financed monorail has not turned a profit since its opening. For the full story, click here.