Regional Transit Gets Money For New Buses, Paratransit

By Sacramento Business Journal

The Sacramento Regional Transit District has been awarded about $6.8 million in federal funding to modernize its bus fleet and provide better service for riders.

Of the roughly $6.8 million, $5 million will be used to replace buses that are beyond their useful lives with compressed natural gas buses. An additional $1.8 million will help fund Regional Transitâ¿¿s service for people with disabilities.

⿿Sacramento Regional Transit provides an irreplaceable service for its riders, but the replacement of old buses with new, natural gas buses and new paratransit vehicles will not only make RT safer for its riders, but reduce its impact on the environment, and provide Sacramentans more efficient, more reliable buses on which to travel,⿝ Sacramento Congresswoman Doris Matsui said in a news release.

⿿Last year, RT carried more than 26 million passengers on public transit and we are excited to see this new injection of federal funding will allow us to provide our riders with improved bus service,⿝ Mike Wiley, general manager and chief executive officer for Sacramento RT, said in a news release.

The federal funds were made available through competitive grants distributed through the Federal Transit Administration.

Copyright 2011 American City Business Journals

http://www.bizjournals.com/sacramento/news/2011/10/20/sacramento-regional-transit-buses-paratr.html?ana=thestreet

Copyright bizjournals.com 2010

More from Commodities

Trump's Trade War Hurts U.S. Energy Companies, May Help China

Trump's Trade War Hurts U.S. Energy Companies, May Help China

Goldman Sachs: Cash and Commodities Are King

Goldman Sachs: Cash and Commodities Are King

Goldman Sachs Solves the Great Mystery Behind Oil Stocks

Goldman Sachs Solves the Great Mystery Behind Oil Stocks

Master Limited Partnerships: A Badly Missed Investment Opportunity?

Master Limited Partnerships: A Badly Missed Investment Opportunity?

3 Natural Gas Stocks That Could Catch Fire From Trump's NATO War

3 Natural Gas Stocks That Could Catch Fire From Trump's NATO War