Outlook for public mass transit remains dim

By Brett Rowland, Center Square

Published February 15, 2024 8:08am ET

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Outlook for public mass transit remains dim — Trenton, N.J.'s train station is pictured on Tuesday, Jan. 2, 2024. Trenton Mayor Reed Gusciora said state officials told him busloads of immigrants from the southern border bound for New York were dropped off in his city. The detour was one of a number in recent days after the mayors of New York and Chicago adopted policies tightening restrictions on buses carrying immigrants from southern states. (AP photo/Mike Catalini)

(The Center Square) – Mass transit agencies across the country could continue to struggle this year with depressed ridership as federal funding is set to expire.

S&P Global Ratings, one of three major credit rating agencies, gave the public transit sector a negative outlook as challenges pile up for operators while they spend down more than $70 billion in federal aid given out during the COVID-19 pandemic.

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