Strapped Cities Outsource Transit Lines -- New Orleans plans to outsource nearly every aspect of its mass-transit system to a French company, an approach that could appeal to other cash-strapped American cities looking to cut spending without eliminating bus or rail services.
Under terms of a deal struck earlier this month, the New Orleans Regional Transit Authority will pay a subsidiary of Veolia Environnement about $56.3 million each year, and potentially $600 million over the next decade, to finance, manage and operate the city's bus and streetcar lines. The deal could eventually save Norta -- which spends about $72 million a year to run its system ... Weiter zum Artikel auf wjs.com (Quelle: Wall Street Journal) oder hier zum vollen Artikel