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Financial institutions have predicted without federal government relief aid, the industry could see more than 40% of the 3,000 businesses permanently shut down.
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Transit agency leaders hosted a rally that called on Congress to urgently deliver significant and immediate federal aid to public transportation systems nationwide.
Read More →Bill includes $8 billion for the private motorcoach industry.
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Seventy-seven percent of respondents want to see more funding. Additionally, by a three-to-one margin, voters want to see action taken to fix public transit infrastructure.
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Regardless of electoral outcome, some trends that have been accelerating for years will continue well into 2021 and beyond.
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APTA President/CEO Paul P. Skoutelas released a statement praising the move.
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APTA is urging Congress to invest at least $32 billion in additional emergency funding to keep systems running safely and to protect the jobs of more than 435,000 industry workers.
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The U.S. private motorcoach, school bus, and domestic passenger vessel industries have suffered unprecedented economic losses and furloughed hundreds of thousands of employees over the past four months due to the COVID-19 pandemic.
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H.R. 2 makes critical investments to surface transportation infrastructure, including $105 billion for public transportation and $60 billion for commuter rail, Amtrak, and other high-performance rail.
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In spite of the move, ABA and UMA is urging the motorcoach industry to continue pressing Congress for financial assistance during the pandemic.
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