PAT/"Death spiral" could come with more cuts
#11
Posted 01 March 2012 - 01:30 PM
Kevin Korell
OTOL Board Leader
Lakewood, NJ
#12
Posted 02 May 2012 - 03:36 PM
Find this one here.
Pittsburgh port authority weighs fare hike, service and staff cuts
The Port Authority of Allegheny County’s board voted late last week to authorize a fare increase and 35 percent service reduction that could go into effect later this year.
Kevin Korell
OTOL Board Leader
Lakewood, NJ
#14
Posted 04 May 2012 - 11:19 AM
#15
Posted 04 May 2012 - 01:54 PM
Kevin Korell
OTOL Board Leader
Lakewood, NJ
#16
Posted 04 May 2012 - 09:28 PM
Has a major rail transit provider ever filed for bankruptcy before?
Well as phrased, yes! The Pennsylvania RR for example, as well as the Brooklyn Rapid Transit (BRT), both filed for bankruptcy and I'm sure that there are a few others as well.
I'm not sure that a publicly owned systems has ever filed for bankruptcy however.
Take care and take trains!
#17
Posted 10 August 2012 - 08:43 AM
Port Authority, union reach terms
Called crucial step for avoiding cuts set for next month; details withheld pending ratification
The Port Authority has reached a tentative contract agreement with its largest union, a crucial step toward avoiding the record-breaking public transit service cuts planned for next month.
Allegheny County Executive Rich Fitzgerald announced the agreement Thursday afternoon in a brief statement that said no details would be provided until after ratification votes by Local 85 of the Amalgamated Transit Union and the authority board. The union's contract expired June 30.
http://www.post-gaze...h-terms-648413/
#18
Posted 20 August 2012 - 07:35 PM
Kevin Korell
OTOL Board Leader
Lakewood, NJ
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