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Agency successfully extricated itself from two-thirds of these lease arrangements and is working diligently to resolve those few which still remain in effect. Even in the worst-case scenario, MARTA will wind up with a net profit.
Read More →Subsidyscope calculated profits and losses per passenger to determine which routes cost Amtrak the most to operate. Its analysis was based on a 2005 GAO critique of Amtrak's accounting methods, which says the railroad should consider depreciation when calculating profitability.
Read More →Would create high-quality manufacturing jobs, especially in states with double-digit unemployment rates, while significantly cutting auto-related global warming pollution.
Read More →For every $1 billion invested in public transportation capital and operations, an average of 36,000 jobs are supported. These jobs result in roughly $3.6 billion of business sales and generate nearly $500 million in federal, state and local tax revenues.
Read More →Besides nation's unemployment rate, other factors contributing to the ridership decline are service cuts and fare increases. Meanwhile, demand response (paratransit) services grow.
Read More →Authors found that while state and local transit revenues have been pummeled by a tough economy, the effects were compounded by failures in federal policy.
Read More →A report found that only 0.9 percent of STP funds are being used on public transportation.
Read More →The study also determined the expansion will create 32,095 job-years of employment, or an average of 6,400 jobs each year for the next five years.
Read More →Report is based on a survey of 98 APTA transit system members representing more than one-half of the nation's transit riders, and includes 10 of the top 15 agencies in terms of annual ridership.
Read More →New light rail vehicles will help address crowding on the TTC’s streetcar routes, and accommodate ridership growth.
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