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Second in a Series: Can ‘Farebox Recovery’ Recover?

Running a railroad is a complex endeavor. So is running urban rail transit, such as metropolitan-style rail lines (like the New York subways), urban light rail, and modern-style or heritage-style streetcars. While almost all the major transit providers also operate bus networks of comparable magnitude, railroads and rail transit are more complex and expensive. The agencies that run them must…

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