At the dawn of the millennium, the Toronto Transit Commission (TTC) had a problem. The TTC had been a transit world leader in the 1970s, building fare integrated, barrier-free surface transit terminals at most of its subway stations. That was in the past, however, and now the system was a mess.
Profits from build-to-rent schemes help offset shortfalls in transport revenues The head of Transport for London’s commercial arm has said he expects the division to generate more than £300m this year for the transport body, whose most recent annual accounts showed a £1bn operating deficit. Graeme Craig said the commercial arm had provided a net surplus of £200m to TfL last year — mostly from advertising and rental income — and was hoping to increase that by at least 50 per cent in the ...
Welcome to Reconnections’ Friday Reads: • TfL bidding to run Buenos Aires Metro (Guardian) • London black cabs to take on Uber (Wired) • Montréal’s iconic old Métro cars becoming creative spaces (NextCity) • How I learned to stop worrying and love electric scooters (NYTimes) • San Francisco bridge toll hike to fund BART railcars (ProgressiveRailroading) • The key forces that shape cities (CityLab) • The little-known behavioural scientist who transformed the world’s ...
“There’s a great story to be told of British and London transport expertise, which is being sought out once again” Andy Byford, then-CEO of the Toronto Transit Commission (TTC), mused when we last saw him at the UITP Global Public Transport Conference in Montréal in May 2017. Now he faces a larger challenge – New York. Andy Byford accepting the Transit Champion Award from TTCRiders CEO of the TTC since 2012, Byford led a renaissance of the underfunded and downtrodden ...
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