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Public transportation use is up 38 percent since 1995, a figure that is almost triple the growth rate of the population (14 percent) and up substantially over the growth rate for the vehicle miles traveled (VMT) on U.S. highways (21 percent) for that same period.
Read More →In addition, commuters who ride public transit to work are now eligible to receive an increase in the monthly transit benefit offered by their employer. The maximum transit benefit is now equal to the parking benefit and increases from $120 to $230 per month.
Read More →Includes $10.231 billion in new budget authority for public transportation — a $740 million increase, or 7.8 percent, over last year’s level, but $106 million less than the level authorized in SAFETEA-LU.
Read More →$1 billion of stimulus investment in transportation infrastructure supports 28,000 jobs. $12 billion in new transit funding would create more than 330,000 new jobs.
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Other topics included sustainability and workforce development initiatives; public-private partnerships; and a session on the impact of the current economic conditions on the transit industry.
Read More →The amendment would appropriate an additional $1.5 billion for transit formula funding and $1.5 billion for the New Starts program.
Read More →OneRail Coalition, brings passenger and freight rail stakeholders together for the first time, to bridge the goals of expanding intercity and commuter passenger and rail options across the country.
Read More →Many of the Silo/Lilo deals that AIG insured included buses or railcars, which transit agencies sold to investors, providing a much-needed cash boost.
Read More →Even with gas prices $1.378 lower than last year, the report calculates the monthly savings for public transit users at $697 per month based on today’s gas price of $1.727 as reported by AAA.
Read More →Third quarter's 6.5 percent transit ridership increase continues the trend of more and more Americans turning to public transportation in record numbers, according to APTA.
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