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Improper manufacturing by Ride the Ducks International, the vehicle manufacturer, and inadequate maintenance by Ride the Ducks of Seattle, the vehicle owner and operator, resulted in the axle failure that subsequently led to the loss of vehicle control.
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Chairman Christopher Hart said at a press conference that U.S. mass transit has "gone for decades without any systematic oversight."
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Violations include trains stopping too close to each other and workers using cell phones when they shouldn't have.
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NTSB officials added they will continue to investigate vehicle conditions as well as driver histories to determine what caused the accident, but cautioned that it could take at least a year for a full picture to emerge.
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It's still too early to definitely say what caused the accident, officials say. There were no signs of braking, such as skid marks, so far, and the tour bus was also determined not to have seatbelts.
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The agency opened six more tracks at 4 a.m. Monday. The agency also noted that the station's ticket office has resumed operations and all regularly scheduled trains are running.
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The driver, Adacia Avery Chambers, is accused by prosecutors of driving her car with a depraved mind through police barricades and into a crowd killing four and injuring dozens more.
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In addition, a man who had his finger partially ripped off during the accident is planning to sue the transit agency.
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In all, eight of the 17 tracks at the Hoboken Terminal were set to reopen Monday at the busy station where commuters connect with other trains and ferries heading into New York City.
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During a press briefing, NTSB officials said they expect the recorders will be able to provide investigators with “speed information, throttle positions, braking system information and about 100 other parameters.”
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