Metropolitan Transportation Authority

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.