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Mass Transportation Authority history
Mass Transportation Authority company history timeline
In 1972 the MTA completed the takeover of the Harlem and Hudson division commuter lines from the Penn Central but allowed the company to continue operating these lines.
1973: MTA network reaches its fullest extent.
Work on the Second Avenue subway stopped in 1975, as New York City fell into near-bankruptcy.
The MTA got a break when the Consolidated Rail Corp. (Conrail), a newly created federal body, assumed responsibility for operating the three former Penn Central commuter lines in 1976.
Meanwhile, in 1979, the city's subways and buses reached their nadir, according to one account.
1981: First five-year MTA capital budget is adopted.
But in 1982 the MTA had to reassume control because Congress had decided Conrail should not be responsible for passenger services.
As a result of a subway crash that killed five people in 1991, the MTA began imposing random testing of its drivers for drug and alcohol use.
The riders also were tapped for more money, with the city subway and bus fare reaching $1.50 in 1995, after the state declined to commit any further funds to the capital program.
City buses attracted 20 percent more passengers after reaching a low of 436 million in 1996, following 20 years of declines.
In 1997 all 468 subway stations were able to accept the plastic MetroCard, and the TBTA's E-Z Pass became the world's largest electronic toll-collect system.
In 1998 the MTA issued discount cards allowing riders 11 subway and bus ride fares for the price of 10, and 7- and 30-day unlimited-ride cards (for $17 and $63, respectively). A one-day unlimited pass was priced at $4.
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Mass Transportation Authority competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Jefferson Lines | 1919 | $56.0M | 375 | 4 |
| Central Ohio Transit Authority | 1863 | $370.0M | 3,000 | 6 |
| Suburban Mobility Authority For Regional Transportation | - | - | 750 | - |
| First Transit | 1955 | $1.2B | 3,890 | - |
| Pierce Transit | 1979 | $20.0M | 802 | - |
| Ann Arbor Transit Authority | - | $440,000 | 6 | - |
| New Orleans Regional Transit Authority | 1979 | $22.0M | 39 | - |
| Intercity Transit | 1982 | $30.1M | 200 | - |
| PARTA | 1975 | $590,000 | 6 | 7 |
| National Express Transit | 2011 | $21.0M | 10,001 | 47 |
Mass Transportation Authority history FAQs
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