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MTA

How public transit systems can lure riders back

by Kristin Schwab
May 17, 2021
Public perception is one of the biggest hurdles in regaining ridership.
The CDC says everyone should still where masks on public transit.
Spencer Platt/Getty Images
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COVID-19

Proposed cuts to New York City subway could make life worse for many

by Kristin Schwab
Aug 31, 2020
Service reductions would hurt essential workers most. The system is seeking a federal funding bailout.
In Manhattan, the subway serves fewer riders than before the pandemic, and the transit authority is suffering financially.
Spencer Platt/Getty Images
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COVID-19

Could the Fed help bail out New York's MTA?

by Justin Ho
Jul 16, 2020
The central bank offers loans to help state and local governments through the pandemic. But is it the best way to borrow?
A worker cleans the turnstiles at an MTA subway station in May. With hardly any farebox revenue, the MTA is considering a loan from the Fed's Municipal Liquidity Facility.
Spencer Platt/Getty Images
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COVID-19

NYC's overnight subway shutdown leaves essential workers stranded

by Kristin Schwab
May 6, 2020
Many low-paid New Yorkers rely on the subway to get to and from work. Now, a daily halt to operations for four late night hours is complicating their commutes.
A commuter wearing a face mask rides the subway. The nightly closure for cleaning is causing problems for some essential workers in New York.
Scott Heins/Getty Images
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NYC is one step closer to a congestion charge – could other cities follow?

by Tracey Samuelson
Feb 26, 2019
New York Governor Andrew Cuomo and New York City Mayor Bill de Blasio have announced joint support for congestion pricing on cars entering Manhattan’s central business district. Under the proposal, which still needs to be approved by state legislators, revenue collected would help pay for improving the city’s dilapidated subway system. Cities like London, Singapore, and […]
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Government shutdown 2019

Federal shutdown imperils public transport nationwide

by Justin Ho
Jan 24, 2019
While the D.C. Metro is losing revenue, public transit systems across the country aren't getting federal funding.
  Amid the ongoing government shutdown, the Washington, D.C. Metro says it’s losing $400,000 per day in revenue.
Andrew Caballero-Reynolds/AFP/Getty Images
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Lost your NYC Metrocard? That'll cost you an extra dollar

by Marketplace Contributor
Mar 5, 2013
This week, New York subway and bus riders will have to hold onto their Metrocards or face a $1 surcharge for a new one. NYC's transit authority says it costs $10 million a year to produce the cards.
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Weather Economy

Sandy halts New York City subway

by Jeff Horwich
Oct 30, 2012
The country's most extensive subway system has been put out of commission by Hurricane Sandy. A 14-foot storm surge sent water into the tunnels and seems likely to have caused considerable damage.
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Weather Economy

Financial markets shut down in NYC ahead of Sandy

by Jeremy Hobson
Oct 29, 2012
New York City is preparing for Hurricane Sandy by shutting down the city's public transportation. Financial markets will also be closed today.
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