TRANSPORT INTELLIGENCE * USA - Pricing plan would pay for new buses
New York,NY,USA -New York Business.com, by Erik Engquist and Catherine Tymkiw -July 10, 2007: -- As the deadline approaches for a decision about whether New York City will be approved for up to $500 million in federal funds for Mayor Michael Bloomberg’s proposed congestion pricing plan, critics and supporters are digging in... Mr. Bloomberg traveled to Washington, D.C., on Tuesday to lobby the U.S. Department of Transportation in an effort to gain the agency’s backing for his plan. The DOT has voiced concerns that it may not approve the funding if New York state’s legislature doesn’t approve the mayor’s plan by July 16... However, on Tuesday, MTA spokesman Jeremy Soffin said the federal grant for congestion pricing would pay for 10 new bus routes and routes and increased service on 26 other routes where the agency expects diversions from cars. In all, 367 buses, including 194 new express buses would be added...
Labels: transport intelligence
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