VRE Sees Drop in Revenue - NBC4 Washington

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VRE Sees Drop in Revenue

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    NEWSLETTERS

    VRE Sees Drop in Revenue

    Fares are up but revenue is down on the Virginia Railway Express. Transportation Reporter Adam Tuss explains. (Published Thursday, July 2, 2015)

    Fares are up but revenue is down on the Virginia Railway Express.

    Fare revenue for March and April, the last two reported months, was off by about $150,000.

    "People are trying to save money,” said Bryan Jungwirth, of VRE. “We have seen a switch from monthly passes to more 10-ride tickets."

    The agency suspects a federal transit benefit to government workers that was cut from $235 per month to $130 per month may also be a factor, Jungwirth said.

    Still despite the event setbacks, VRE said it is making improvements and riders are on board. A new station is set to open in Spotsylvania this summer and VRE hopes to double ridership by 2040.