Alex Goldmark is the senior producer of New Tech City, a storytelling show about how technology is changing society. Subscribe here to get New Tech City shows delivered right to your devices. Follow him on Twitter @alexgoldmark.
NY State, Chicago, Selling Transpo Equipment on Ebay to Raise Cash
Wednesday, February 22, 2012 - 02:25 PM
New York Governor Andrew Cuomo said in a statement: "By selling unneeded equipment and supplies, New York State will reduce operating costs and cut back on excess spending and inventory."
Nearly 500 vehicles will be made available at the newly created, and still not quite live, website, NNYSStore.com starting in April. The state says many are less than 10 years old and have high mileage. The state already has an Ebay account dating back about a decade.
Chicago says it's transit agency has about $70 million dollars worth of bus and train parts, about a third of them obsolete and almost half untouched for years. So before the parts depreciate anymore, the CTA wants to sell them off.
If you know of other states looking to sell of their transportation equipment as a new way to make ends meet and make government more efficient, let us know.