Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »



Rail News Home Passenger Rail

2/28/2006



Rail News: Passenger Rail

VRE proposes ticket price hike in FY07


advertisement


Virginia Railway Express (VRE) recently proposed raising fares 6 percent on July 1 to help cover increasing costs.

The agency will need to increase its operating budget $3.3 million in fiscal-year 2007 because of higher fuel, maintenance and insurance costs, and Amtrak track-usage fees.

The fare hike would generate an additional $1.4 million in ticket revenue. The agency also plans to request a $1.9 million subsidy increase from local jurisdictions.