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NEWS
July 24, 2013
SEPTA SAW record ridership on its Regional Rail system last fiscal year with 36 million trips, the agency said yesterday. Ridership on the transit authority's 13 Regional Rail lines between July 1, 2012, and June 30, 2013, was up 2.2 percent from the previous year. SEPTA recorded 337.9 million trips on trains, buses and trolleys for the year. That number was down about 2 million trips from the previous year, but includes a two-day shutdown due to Superstorm Sandy. SEPTA said Regional Rail ridership has increased 50 percent over the last 15 years.
NEWS
June 28, 2013 | By Paul Nussbaum, Inquirer Staff Writer
Still hoping for last-minute funding from the legislature, SEPTA's board approved a one-month budget Thursday to keep the transit agency operating through July. Regardless of what the legislature does, though, fares will go up for SEPTA riders Monday. The board approved the fare increases in May. SEPTA officials said they hoped a new state transportation-funding measure would be approved in Harrisburg this week to provide enough money to pay for the next 11 months of the fiscal year.
NEWS
June 28, 2013
SEPTA RIDERS WILL have one more weekend to stock up on tokens before the transportation company issues its first fare hikes in three years Monday. In addition to tokens, SEPTA will implement increases to cash fares, TransPasses and Regional Rail travel. * The cost of a token will jump a quarter from $1.55 to $1.80. * Cash fares on transit lines will increase from $2 to $2.25. * Regional Rail lines will have a variety of fare increases, ranging from 25 cents to $2. * SEPTA will eliminate Zone 5 fares, most of which will be folded into Zone 4. * The cost of a transfer will remain $1. Further fare increases will be implemented along with the New Payment Technology plan in 2014.
NEWS
June 28, 2013 | BY BRIAN X. McCRONE, Philly.com
FOR THE FIRST time in decades, SEPTA TransPasses and TrailPasses will lack a controversial element: those "M" and "F" stickers identifying the gender of the person who bought them. Much attention has been given to the transit agency's fare increase that begins Monday - which includes the first increase to the system's base fare (from $2 to $2.25) in 12 years. SEPTA also is consolidating Regional Rail zones and eliminating those gender-identifying stickers in the agency's most recent preparation for its massive New Payment Technology overhaul.
BUSINESS
June 8, 2013 | By Paul Nussbaum, Inquirer Staff Writer
Faster, better passenger train service on the overcrowded Northeast Corridor will require more cooperation - and money - from eight states and the District of Columbia, eight commuter rail agencies, Amtrak, and freight railroads, rail experts said this week. A new federal law requires the many users of the 457-mile corridor to come up with a cost-sharing plan by October 2014, and local transit authorities such as SEPTA fear that will mean higher costs for them. States as well are struggling to pay for new Amtrak requirements.
NEWS
May 31, 2013
SEPTA and other area transit agencies will get $5.4 million in federal and state subsidies for additional "reverse commute" service to suburban employers. The money will pay for more bus service to Parx Casino, Neshaminy and Oxford Valley malls, Great Valley Corporate Center, Philadelphia International Airport and other job centers. SEPTA will also add earlier Regional Rail service to Philadelphia International Airport and to Paoli. The Federal Transit Administration will provide $2.2 million and the Pennsylvania Department of Transportation $3.2 million, funneled through the Delaware Valley Regional Planning Commission, which announced the grants Thursday.
BUSINESS
May 31, 2013
In the Region Peco rate cut kicks in Friday Just in time for the summer air-conditioning season, most Peco customers will enjoy a substantial rate cut starting Friday, when the cost of residential default electrical service will drop by 10.4 percent, from 9.61 cents per kilowatt-hour to 8.61 cents. The quarterly price adjustment will be in effect for the next three months. This is also the first summer that Peco is not charging two-tiered rates, which imposed a higher rate on consumption in excess of 500 kilowatt-hours.
NEWS
May 26, 2013
    Pennsylvania   New Jersey    Banks    Optional   Optional    Savings & loans    Optional   Optional    Federal agencies    Closed   Closed    Federal courts    Closed   Closed    State agencies    Closed   Closed    Local/state courts *    Closed    Closed    Liquor stores    Closed    Optional    Postal service **    No   No    ...
NEWS
May 25, 2013 | By Paul Nussbaum, Inquirer Staff Writer
SEPTA fares will increase July 1, but the transit agency's new budget, supposed to take effect at the same time, is still undetermined. The SEPTA board on Thursday approved increases that will boost the bus, subway, and trolley cash fare to $2.25 from the current $2. The cost of a token will go to $1.80, up from the current $1.55. Also on July 1, Regional Rail fare zones will change, with the current seven reduced to six. Zone 5, which includes distant suburban stations such as Yardley, Doylestown, Malvern, and Downingtown, will be eliminated.
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