Subway Economics

The difficulties of making subway lines run at a profit have existed for over ten years and, up until now, no solution has been found. It’s obvious that simply relying on revenue from ticket sales is not enough to cover the sizable operating costs. Attempts to replicate the Hong Kong model have also proved unsuccessful, [...]

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5 light rail projects to watch this year

Which light rail Ai??projects should we be watching this year? Here are just 5 of the many projects developing around the world. They are at different stages and may have different reasons you should keep an eye on them, for example, to find out who will land major contracts or what will happen when it [...]