Do any public transportation systems make a profit?

Do any public transportation systems make a profit? This can safely be said because no major public transit system in America makes money. Transportation experts can't name a single major transit system that is a moneymaker in this country. It's not a profit-making industry, said Mantill Williams, spokesman for the American Public Transportation Association.

What is the most profitable metro system in the world?

The Hong Kong MTR is considered one of them most profitable transit systems in the world, where 90% of residents take transit.

Does Japan Rail make a profit?

As such, through diversification of their business, the majority of the private railways in Japan are financially independent and their railway operations are usually profitable, in sharp contrast to most transit networks in other countries.

Does public transportation help the poor?

Save Money. A household can save an average of $10,000 annually by taking public transit. Owning a car costs between $6,000 and $12,000 a year — it's not cheap. If we keep fares affordable, more people have access to the transportation they need.

Why is there a lack of public transportation in America?

The United States is a huge country and the population centers are often spread far apart. The #1 factor in good public transportation is population density. If you don't have enough population density to support good public transit then you need generous government subsidies to keep it running.

Is NYC metro driverless?

They're driven by people. Although they are attempting to automate them. Unfortunately, it hasn't worked out yet. Recently, they tried it on the 7 line but ended up causing massive delays to passengers when the trains would fail to position themselves correctly at stations.

Is public transportation bad for the economy?

Public transit is a vital force for the American economy. The American Public Transportation Association estimates that 87% of trips directly benefit the local economy, with $1 invested in public transit believed to generate $5 in economic returns.

Is public transport good or bad?

Public Transport leads to less air pollution as more people commute via single vehicle eliminating the need to travel by different modes. In some areas, public transport is the only means to commute. It is the only facility for people to travel to different places. Hence, public transport is like a blessing for them.