Streams

MTA Restores Some Express Bus Service

Monday, October 25, 2010

The MTA says it cut too deeply when it eliminated dozens of bus lines in June. And now, the agency wants to add more frequent bus service on nine of the lines that remained in place, because they're getting too crowded.

The MTA says ridership on nine bus routes in Queens and Staten Island has increased more than expected. The new service will add up to three new buses an hour on eight express routes from Staten Island, and on the Q15 in Queens.

Peter Cafeiro, head of the MTA's operations planning, said on Monday that the rebounding economy added to the overcrowding problem, and led to people standing on the express buses, which the agency's guidelines don't permit.

The new service will go into effect in January, and will cost $1.4 million a year. Cafeiro said the MTA will look to make up the cost by making other cuts.

The MTA is also planning to add a new route in the Bronx, but doesn't expect that to cost any extra money, because it's reducing the frequency of another bus route nearby.

In June, the MTA implemented wide ranging service cuts to save $93 million a year.

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Comments [2]

Eric Masaba from New York City

Matching supply and demand is something New York City should be the best at.

On stock exchanges, there are not always buyers for every seller and thus this is where a "market maker" comes in.

"A market maker is a bank or brokerage company that stands ready every second of the trading day with a firm ask and bid price. This is good for you, because when you place an order to sell your thousand shares of Disney, the market maker will actually purchase the stock from you, even if he doesn't have a seller lined up. In doing so, they are literally "making a market" for the stock."

http://beginnersinvest.about.com/od/beginnerscorner/l/blmarketmakers.htm

Nov. 04 2010 12:27 PM
Benjamin from Queens Village, N.Y.

I remember so many different bus lines including N.Y.C. lines, Jamaica lines, Command lines, Green lines, Triboro lines and Queens Surface lines. I remember when they run differently in the same directions. I ride the bus sometimes and the subway, too. I saw them the first time when I was 4. Fare increases scare me but I was concerned that I wanted it to go back to $2.00. But why did the MTA put the fare up to $2.25? This is stupid. It was supposed to go to $2.00.

Nov. 02 2010 08:07 PM

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