Chicago Transit Agencies Take Financial Hit During COVID-19 Crisis

Ridership is down, which means local transit agencies could lose up to $1 billion in revenue this year.

CTA train with Chicago skyline background
CTA train ridership was down 19 percent over three days last week, according to the Chicago Transit Authority. Charles Rex Arbogast / Associated Press
CTA train with Chicago skyline background
CTA train ridership was down 19 percent over three days last week, according to the Chicago Transit Authority. Charles Rex Arbogast / Associated Press

Chicago Transit Agencies Take Financial Hit During COVID-19 Crisis

Ridership is down, which means local transit agencies could lose up to $1 billion in revenue this year.

The COVID-19 pandemic is driving major financial losses for businesses across the state, and public transportation is not immune.

Reset takes a closer look at the financial obstacles facing public and private transit agencies in Chicago.

GUEST: Mary Wisniewski, Reset contributor and transportation columnist at the Chicago Tribune