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WASHINGTON (Reuters) - Unions and trade groups are seeking at least $112.8 billion in additional government assistance to rescue the struggling U.S. transport sector hit hard by the collapse in travel demand because of the COVID-19 pandemic, according to a Reuters review of funding requests.
Several of the new requests have been made since Friday. With millions of workers and would-be tourists staying at home, the groups seek: $39.3 billion in emergency funding for public transit systems sought by the American Public Transportation Association (APTA) and several transportation unions. $40 billion for U.S. motorcoach, school bus and passenger vessel and ferry companies.
APTA/EBP Analysis: $39.3B Transit Shortfall Written by Marybeth Luczak, Executive Editor
New York MTA staff participated this week in the Mask Force program among the initiatives that public transportation agencies have undertaken to protect riders and employees during the pandemic. (Marc A. Hermann / MTA)
Public transit agencies are facing a projected shortfall of $39.3 billion through the end of 2023 due to the pandemic, according to findings from an independent economic analysis conducted by EBP US Inc. for the American Public Transportation Association (APTA).
While agency operations have received support, in part, from the CARES Act ($25 billion) and the recently enacted Coronavirus Response and Relief Supplemental Appropriations Act of 2021 ($14 billion), gaps exist due to ongoing losses of ridership, fare revenue, and state and local tax revenue. This translates to projected transit funding needs of $25.2 billion in 2021,
January 27, 2021
Clockwise, from top left: Laura Lane, UPS; Darnell Grisby, TransForm; Guy Grainger, JLL, Boma Brown-West, EDF; Miriam Nelson, Newman s Own Foundation; Asheen Phansey, Circular Fashion Group; Clare Shine, University of Cambridge Institute for Sustainability Leadership; Janelle Heslop, Amgen. Middle row from left: Claire Bergkamp, Textile Exchange; Steve Quarles, AWEA; Elliott Rodgers, Ulta Beauty; Maribel Bostic, SunPower; Dana Worth, Plenty.
You dared to dream that some of the upheaval of 2020 would let up at the New Year s stroke of midnight? The speeds and feeds of 2021 already have left us winded. That means accelerating need for sustainability professionals to step up. Plenty of people in this space have spruced up their LinkedIn pages and changed roles in recent months. There s noted activity in the sustainable apparel space, and boards are getting more intentional about inclusivity.
Stevensville, MD (PRWEB) January 25, 2021 Heavy duty vehicle lift leader Stertil-Koni today announced that it fully supports President Joe Biden’s recently
ANALYSIS/OPINION:
As I have watched the elite liberal media gush over the inauguration of President Joe Biden, I have waited for at least someone to analyze the fascinating difference between President Biden’s inaugural speech and his inaugural actions.
First, I thought the speech was incredibly well-given. The speech promised unity, togetherness and finding common ground it was a speech of classic American bipartisanship and civic goodwill. He promised to reach out to everyone, work with everyone and be an American president, rather than a Democratic, partisan president.
It strongly reminded me of President Barack Obama’s first inaugural address. And, in fact, I had about the same takeaway for Mr. Biden’s speech as I did for Mr. Obama’s: If he leads the way he’s speaking and acts as he says he will he will split the Republican Party and have a large, American governing majority for his entire presidency.