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Only about 2,000 riders board Metro Micro vans on an average weekday compared to 877,000 bus and rail passengers — numbers which are still below pre-pandemic levels. Critics say funding the vans ...
Prior to the project’s revised cost estimate, Metro staffers calculated that the agency would need to fill a nearly $1.4 billion shortfall to get the line up and running five years early.
Metro is poised to back down from plans to charge the Dulles Rail project an extra $75 million for new rail cars, instead laying out an agreement to share the costs of designing and developing them.
So are some Metro critics, ... Publicity about the historic deal cemented the $1.46 billion figure in some residents’ minds as the “cost” of the light rail.
Bent Flyvbjerg of Aalborg University in Denmark has studied many light-rail projects around the world and discovered that on average the ridership is half the projected amount and the costs are ...
Metro borrowed heavily in the bond market in the 1980s and 1990s to build the county’s first modern rail lines. By the late 1990s, debt service was Metro’s single largest expense , consuming ...
Metro unveiled some preliminary plans for future investment Thursday, and they include a clear shift away from rail expansion in favor of bus service improvements.
Connecticut is planning to raise fares on Metro-North Railroad and CT Rail transit throughout the state later this year in order to cover the increased cost of operating rail services. Fares are ...
Fares account for roughly half of Metro-North’s operating costs, but a far smaller slice — less than 10% — of the Hartford and Shore Line East rail lines’ operating costs. Most of the rest ...
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