Washington Metropolitan Area Transit Authority (WMATA)’s Post

Quite the value proposition! This is why transit is so important for our economy and quality of life.

Check out this highlight of some of the ways that public transit in DC benefits us all! While those of us who use the system gain the most, remember that EVERYONE has more money in their pocket and a better quality of life from the economic growth transit generates, the reduction in pollution, and the reduction in car accidents

How should bus services be funded? Which disused rail lines should be reopened? How does access to transport affect social exclusion, health and the economy? Our research shapes our work on all aspects of transport policy. Read our reports for free on our website: https://lnkd.in/dtn7Shw2

A long commute is not just really boring. It is, in economic terms, wasted time (and famously time is money), writes Christopher Dorrell. Better transport networks also means cities are more likely to benefit from those all-important agglomeration effects. Part of the reason why British cities are so under-served is down to cost. The UK pays more than twice the European average per mile of new tramlines while for undergrounds and metro lines, it pays more than three times the European average. This is not an attractive proposition for investors. Continue reading 👇 https://lnkd.in/eu6B82fu

Public transportation systems play a pivotal role in society that extends beyond just moving people from point A to point B. They shape the economic landscape of many urban areas, boosting economic productivity by generating jobs and business opportunities that directly influence employment, wages, and business income. It’s estimated that public transportation systems in America currently transport around 34 million passengers every weekday, totaling over 10 billion trips being taken throughout the nation, annually. Let's have an in-depth view of the impact public transit has on the workforce and local economies in the U.S. 👉 https://buff.ly/3X7AYmF #publictransit #workforce #localeconomy #APTA

Does our inadequate transport network impede economic progress in today's competitive landscape ? Robust transportation networks enhance a city's ability to capitalize on agglomeration economies, fostering economic growth through increased productivity, innovation, and access to concentrated labor markets, suppliers, and knowledge spillovers.

Useful reports based on recent findings from Campaign for Better Transport What can be done to improve our transport systems, including prices, accessibility and sustainability?

Interesting insights from our Chief Economist about the concept of free public transit.

How do transit systems affect your business? 🚋🚘🚞 The Toronto region’s network of transit systems enables nearly two million people to travel to and from work and other destinations every day. But with chronic congestion costing us $11B annually in lost productivity, driving talent out of our region and slowing post-pandemic recovery, it's become clear that transit has a critical role to play. That's why the Toronto Region Board of Trade developed a series of data-based report cards highlighting each municipality's transit system's strengths, challenges and opportunities. How does your municipality compare? Read the report here: https://ow.ly/lsPf50PCBkV #IndustryThursday #Transit #Commute

Credit to World Economic Forum November 25, 2023 Trackless trams could be a catalyst for regenerating city suburbs. https://lnkd.in/g8_Sz_42 Learn more about them: https://ow.ly/Ky8950Qb5s6 Peter Newman, Lisa Chamberlain & Marie Verschuer Sep 13, 2022 How trackless trams could help revitalize city suburbs https://lnkd.in/gbFF-dM2 ● There is an urgent need to rethink how transport works in cities today, in order to reduce congestion and emissions, and tackle the housing crisis. ● Trackless trams have been developed in China and offer an affordable, fast and flexible solution. ● Public-private partnerships will be essential in order to capitalize on the potential of this new technology.