Daily News Briefs, May 23, 2023

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New York's MTA Proposes Hiking Tolls And Fares By Labor Day

SILive.com reports, under a plan presented yesterday to the MTA board’s finance committee, the authority expects to raise transit fares and tolls this August for the first time since 2019. If the full board approves the plan, fares will rise by three to five percent. MTA staff proposed two potential toll adjustment scenarios. “The first scenario would increase tolls by 7% for both E-ZPass and Tolls-By-Mail users, while the second scenario would raise E-ZPass rates by 6% and Tolls-By-Mail rates by 10%.” MTA will hold public hearings on the plan next month. The board is expected to vote on the increases in July and implement them by Labor Day.

Bloomberg (via Yahoo! Finance) reports, “MTA expects the new charges to bring in $305 million of additional revenue each year. It needs the extra cash as ridership has yet to match pre-pandemic levels. Weekday subway ridership is about 70% of what it was in 2019. Systemwide ridership may only reach 80% of pre-pandemic usage by the end of 2026, the MTA estimates.” The article also looks at new sources of state revenue the MTA anticipates receiving thanks to recent legislation.

Company and Agency Financial Issues And Reports Metropolitan Transportation Authority (MTA) New York New York City Toll Rate Changes Transit and Toll Roads


West Virginia Parkways Is Pleased With Service Plaza Renovation Progress

Bluefield Daily Telegraph reports on the improvements drivers can expect to see when the West Virginia Turnpike’s $152 million renovation of two service plazas is completed. “The demolition of the Bluestone Plaza . . . began earlier this month. The Beckley Plaza also is being torn down. Both plazas will be rebuilt from the ground up into new state-of-the-art facilities, according to Parkways Authority Executive Director Jeff Miller.” While truck parking and fueling are still available at both sites, the newspaper says motorists looking for refreshment or a rest should consider some alternatives it recommends.

Highway-Tunnel-Bridge Maintenance Service Plazas West Virginia West Virginia Parkways Authority (West Virginia Turnpike)


These are just some of the toll industry developments TRN is following.

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