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May 27, 2015 2:12 AM ET

Road and Rail

Company Overview of Southeastern Pennsylvania Transportation Authority, Inc.

Company Overview

Southeastern Pennsylvania Transportation Authority, Inc. provides transportation services. It offers regional rail, street line, trolley line, high speed line, and bus services. The authority was founded in 1963 and is based in Philadelphia, Pennsylvania.

1234 Market Street

Philadelphia, PA 19107

United States

Founded in 1963

Phone:

215-580-7800

Key Executives for Southeastern Pennsylvania Transportation Authority, Inc.

Director of Media Relations
Secretary and Member of Board of Directors
General Manager
Age: 58
Director of Public Affairs
Compensation as of Fiscal Year 2014.

Southeastern Pennsylvania Transportation Authority, Inc. Key Developments

SEPTA and Titan Outdoor L.L.C. Enter $7 Million Deal with Verizon

SEPTA unveiled the schedule boards and a new Verizon retail store in the station. SEPTA will receive $4.55 million over three years in the advertising deal, with two three-year options that could bring the nine-year total to $15.6 million. In addition, SEPTA's advertising agency, Titan Outdoor L.L.C., will receive $2.45 million from Verizon for the first three years, and $8.40 million over the nine-year span. The three video boards, made by Planar Systems Inc., will provide riders with information about train schedules, travel updates and weather reports, as well as Verizon ads.

SEPTA Reaches Tentative Contract Agreement with the Brotherhood of Locomotive Engineers and Trainmen

SEPTA has reached a tentative contract agreement with the Brotherhood of Locomotive Engineers and Trainmen. Although the union is calling it a five-year deal, it only covers the workers until July 2015. The union had been working without a contract since 2009. Its workers will get a 13.32% pay raise, their first increase in five years. They did not get retroactive pay. The union had fought to get next year's increases to be effective in April 2015 and won that battle in the negotiations. The union held a one-day strike in June alongside the International Brotherhood of Electrical Workers, but were forced back on the job for 120 days by the Presidential Emergency Board. They were likely to face another PEB that would have inhibited the union's ability to strike until February 2015.

Southeastern Pennsylvania Transportation Authority, Inc., Board Meeting, Dec 19, 2013

Southeastern Pennsylvania Transportation Authority, Inc., Board Meeting, Dec 19, 2013. Agenda: To approve $1.28 billion operating budget for fiscal year 2014.

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