David Levinson is Professor of Transportation Engineering at the University of Minnesota. He blogs at The Transportationist. Check out his post on some ideas on how to achieve financially sustainable mass transit systems. Many cities around the world recognize that transit is an indispensable component of greening their cities. Transit brings a number of benefits with the obvious environmental gains being shown through decreased carbon emissions per capita in the transportation sector.
The real challenge being faced by transit agencies around the world is financing their systems. They have to overcome a lot of inefficiencies that are embedded in the system (often created by local governments). Levinson has some good ideas. Here is the start of his post:
"Mass transit systems in the United States are collectively losing money hand over fist. Yet many individual routes (including bus routes) earn enough to pay their own operating (and even capital costs). But like bad mortgages contaminating the good, money-losing transit routes are bogging down the system."
More here.
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