Metropolitan Transportation Authority

For New York MTA, a ‘Fiscal Tsunami’

The New York Metropolitan Transportation Authority outlined a “worst-case” 2021 spending plan at its Nov. 18 Board meeting. Proposed are service reductions of 40% across subways and buses, and of 50% across Long Island Rail Road (LIRR) and Metro-North Railroad (MNR), with layoffs of nearly 9,400. Also on continued pause: MTA’s $51.5 billion capital plan. The moves could go forward in absence of $12 billion in federal aid, MTA said.

Report: MTA Broke by August

According to a report on Bloomberg.com, New York’s Metropolitan Transportation Authority (MTA) will run out of money in August if the U.S. Senate does not approve the economic stimulus measure that would provide about $3.9 billion to the agency, Chairman Patrick Foye said.

New York City Transit subway

MTA to Increase Train Speed 50% on Certain Track

The Metropolitan Transportation Authority (MTA) released preliminary findings of the Train Speed and Safety Task Force that demonstrate subway train speeds on certain sections of track can be increased by as much as 50%. The task force initiated the study with engineering firm STV, with the help of Transport Workers Union, that remains ongoing but has already determined four core areas of focus that would lead to faster trains while prioritizing customer and employee safety.