More than half of U.S. public transit agencies may increase fares or trim service this year amid budget shortfalls and a threatened loss of federal funding, according to a study.
Officials at 56 percent of 117 agencies surveyed in March said they were considering cost savings, according to the report released today by the American Public Transportation Association, a Washington-based trade group for transit providers. One in four agencies contemplated a combination of both measures, the study found.
