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With city and state budgets radically reduced and questionable hope for federal or state stimulus funding, some are forecasting the end of the transit era.
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Busworld is the largest international bus show in the world with events in six countries.
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Most operators have had nearly zero revenue coming in, and no help from Congress while almost every other form of passenger transportation receiving $91 Billion in the CARES Act.
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TriMet and Hampton Jitney tapped CURIS System’s hydrogen peroxide fog to revolutionize their disinfection practices and cleaning protocols.
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The NOFO states that FTA will review and consider applications in accordance with the Sept. 2, 2020 memorandum issued by the White House that restricts the eligibility for Federal funds based on the Administration’s decision that certain communities are “anarchist jurisdictions.”
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Although COVID-19 has certainly presented the transit industry with significant challenges, the timing of introducing new initiatives might actually be advantageous, tempering unrealistic expectations for success.
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The company’s FY 2021 ridership and revenue are forecasted to improve to about 40% of pre-COVID levels, which is less than anticipated.
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Funding will go toward major investments in railcars, locomotives, bridges, and stations.
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Leading industry associations call for Congress to include the legislation in a COVID-19 stimulus package as they struggle with furloughs and layoffs of about 308,000 employees due to the pandemic.
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As communities nationwide shift their focus from response to economic recovery, transit agencies are supporting local efforts by increasing the availability of service.
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