Fare, toll evasion cause NYC MTA massive losses

The report estimates that 400,000 riders enter the subway system every day without paying. — Bloomberg

NEW YORK: New York’s Metropolitan Transportation Authority (NYC MTA), the biggest mass-transit provider in the United States, lost US$690mil (RM3.12bil) last year due to fare evasion, according to a new report.

The operator of New York City’s subways, buses and commuter rail lines as well as seven bridges and two vehicle tunnels is losing revenue as it works to restore ridership and farebox collections to pre-pandemic levels.