Posted on 02/12/2019 1:54:06 PM PST by Signalman
I think Metro North on its own could be a profitable private railroad - the population density & demand is there.
But Metro North is part of the whole MTA structure, with states and NYC governments kicking in subsidies for it.
The financial facts for each entity controlled by the MTA are all lumped together in the MTA’s financial reports. That consolidation HIDES exactly how well or how poorly fare revenues are or are not meeting the needs of
each MTA unit.
Those units are:
Triborough Bridge and Tunnel Authority
MTA New York City Transit
MTA Staten Island Railway
MTA Long Island Rail Road
MTA Metro-North Railroad
MTA Bridges and Tunnels
MTA Capital Construction
MTA Bus Compmay
I believe most of the subsidies are being used to subsidize operating losses of the NYC bus and subway system.
They’re designing them to be walkable not driveable.
Freedom of movement not good for commies.
AMTRAK Hiawatha service between Chicago and Milwaukee was one of those dedicated high speed services that speed wise never met its hyperbole . It could have replaced the Chicago North Shore electrified commuter line, but never acquired its right of way. Which used Chicago L tracks into the Loop. But was denied use in the late 50’s and abandoned when the city merged individual privately owned companies Chicago Surface Lines (street car and bus service) Chicago Motor Coach Co servicing suburban north shore suburbs and Chicago Elevated railroad was reorganized like AMTRAK into into the Chicago Transit Authority.
And with the traffic... these companies keep putting the jobs in Boston. Go figure.
Not long ago, I had to drive from Watertown to Logan to drop someone off. With 5 minutes at the airport, it took me 3 1/2 hours for the round-trip. Maybe 7 miles each way.
After that painful lesson, I’ve given up on job opportunities in Downtown Boston.
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