McKinsey & Company

Starting in 2023, the MTA says it is working to implement operating efficiencies yielding $100 million in savings in 2023 and rising to $416 million in savings by 2026.

NYMTA Sets 2023 Budget, Major Projects

The Metropolitan Transportation Authority (MTA) announced Dec. 21 that it has approved its 2023 budget and four-year financial plan; is taking action to reduce costs of capital projects, including Second Avenue Subway and the Long Island Rail Road (LIRR) Third Track; and is awarding a $382 million contract for the Metro-North Park Avenue Viaduct rehabilitation project.

Transit: It’s Time to Vent

The CDC (Centers for Disease Control) has stated that airborne transmission of the coronavirus is more likely than transmission through surface contact. Adequate ventilation and air filtration of HVAC systems can reduce the likelihood of airborne exposure. Every transit agency wants to do everything it can to keep its ridership safe, healthy, and returning. The multi-trillion-dollar, pandemic-clouded question is, how?