Management & Operations

METRO Briefs

Posted on September 6, 2007

Subprime crisis squeezes transit funds
NEW YORK CITY — With the subprime mortgage crisis impacting the real estate market in New York City, the Metropolitan Transportation Authority will likely receive less revenue from real estate transaction fees. Mayor Michael Bloomberg says this shortfall could be bridged if his congestion pricing plan were enacted. To read the full story, click here. CTA plans fare hikes, service cuts
CHICAGO — The Chicago Transit Authority will go forward with fare increases and service cuts planned to begin Sept. 16 if the agency doesn’t get state funding. Illinois legislators in the House this week rejected a tax package that would have benefited Chicago-area mass transit systems. To read the full story, click here. L.A. light rail project gets funding
SACRAMENTO — California transit officials have greenlighted $315 million for the Exposition Light Rail line project, which will connect Los Angeles’s Westside to Culver City and eventually Santa Monica. Funding had been stalled in the state’s legislative budget deadlock. To read the full story, click here.

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JTA's Ford wins prestigious COMTO award

The Thomas G. Neusom Founders Award is the highest honor bestowed by COMTO. Ford accepted the award at the 46th National Meeting and Training Conference in Detroit.

NJ Transit weighing disciplinary actions for no-show train engineers

It's unclear how many of the cancellations stemmed from engineers exercising a contract provision that allows them to take two days to report for work when schedule changes are made.

National Express Transit acquires Cook DuPage Transportation

Established in 1975 and based in Chicago, CDT operates 275 paratransit vehicles providing more than 80,000 trips per month to PACE users in the Chicago Metropolitan area.

MTA chief weighs food ban on subway after track fire snarls service

A garbage fire crippled subway service along four lines for more than two hours during the peak of Monday’s morning rush hour.

BYD commits to hiring from communities facing significant barriers to employment

In addition to targeting veterans and returning citizens, will also target populations that have historically been excluded from the manufacturing industry, such as women and African-Americans.

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