President/CEO Paul P. Skoutelas discussed how the public transportation industry is coping with the COVID-19 pandemic and that additional aid will be needed now and for the future.
he staff reductions include union and non-union employees. In addition, executive staff have voluntarily reduced their salaries.
With $25 billion on the table for transportation, cities and transit agencies have a lot of questions about the new CARES bill. We have answers.
Preliminary projections from state DOTs show at least a 30% decline in transportation revenues on average for the next 18 months.
Convening on April 7, this fleet-specific webinar will address how to access to funds, loan forgiveness details, up-to-the-minute federal guidance, and the status of future funding legislation.
Funding will be provided at a 100% Federal share, with no local match required, and will be available to support capital, operating, and other expenses.