The transit industry carried 37.5 percent as many riders in December 2020 as it had in December 2019, according to data released last week by the Federal Transit Administration. This is a slight increase over the 36.9 percent carried in November. For the year as a whole, it ended up carrying 46.1 percent as many riders as it had transported in 2019.
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The industry had begun the year carrying about 6 to 7 percent more riders than the first two months of 2019, suggesting that it might have been about to turn around the decline that it had experienced over the previous five years. The pandemic foiled this recovery, and the industry avoided total disaster only by the American Public Transportation Association and transit agencies convincing Congress to give transit $25 billion in April and $12 billion in December, with more on the way. This has taught the transit industry a perverse lesson: it doesn’t have to actually carry many passengers to continue to receive subsidies. Continue reading
