Wednesday, December 19, 2012

Reuters: U.S.: New York's MTA transport network approves fare hikes for 2013

Reuters: U.S.
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New York's MTA transport network approves fare hikes for 2013
Dec 19th 2012, 16:09

NEW YORK | Wed Dec 19, 2012 11:09am EST

NEW YORK (Reuters) - New York's Metropolitan Transportation Authority, the biggest transportation network in North America, approved fare hikes on Wednesday that will raise the base price of a ride to $2.50 from $2.25.

The fare hikes will go into effect on March 1.

The MTA, with a $12.6 billion budget, operates New York City's subway and bus system, area bridges and tunnels, and commuter railroads that stretch into Long Island and the city's northern suburbs.

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