Press Releases: MBTA

New Study Urges MBTA to Expand Corporate Pass Program

Watch a video interview of the author on BNN News, and read coverage in the Boston Business Journal and The Boston Globe. More riders would boost T revenue, cut employee commuting costs, provide savings for employers, reduce traffic congestion and help the environment...

Study: Ferry Service Could Provide Opportunity for MBTA Expansion without Huge Upfront Costs

Read press coverage of this report in the Boston Herald: Study suggests MBTA float ferry service expansion and Editorial: “Ferrying off to work“; The Boston Globe: “Look to the harbor to ease Boston’s transportation woes,” “Steady stream of studies fuel transportation debates,” and here; The Boston Business...

Public Statement: Pioneer Applauds MBTA Control Board For Seeking To Modernize Bus Maintenance

Pioneer applauds the MBTA Fiscal and Management Control Board’s long-overdue action to use a competitive bidding process to modernize bus maintenance services.  Seeking competitive bids on bus maintenance will likely produce cost savings and service improvement, as it has for the T’s...

Report Calls on FMCB to Seek Legislative Intervention on Projected 18-Year, $1.485 Billion T Pension Shortfall

New evaluation commissioned by MBTA projects T contributions would increase by more than $1 billion under terms of current pension agreement BOSTON – With the current MBTA pension agreement set to expire in June 2018 and a new evaluation projecting a $1.485...

Study: Evidence Suggests MBTA Pension Low-Balled Costs And Liabilities

Quarter-century of data shows costs at up to six times valuation assumptions, suggests MBTARF financial picture was made to appear artificially rosy BOSTON – Data from valuation reports and other financial documents suggest that suspect actuarial practices may have helped misstate the...

Putting The T On A Clear Path To High Performance

Pioneer Institute recently submitted public testimony to the Fiscal and Management Control Board weighing in on the MBTA’s draft Strategic Plan. The Institute commends the Board for its work to date and recognizes that there is still much more work to be done to...

Study Finds MBTA Had Nation’s Highest Bus Maintenance Costs In 2015

Reducing costs to average of the most similar U.S. transit systems would have saved nearly $44 million For inquiries contact Micaela Dawson at mdawson@pioneerinstitute.org. View coverage of this report in the Boston Herald and on Fox 25. BOSTON – The most recent...

Public Statement on Nonrenewal of Keolis Commuter Rail Contract

Pioneer Institute welcomes the news that the MBTA will not renew its contract with problem-plagued commuter rail operator Keolis Commuter Services when the term ends in 2022. If the MBTA can put an effective bidding process into place for the next contract,...

Study Calls For Steps Toward Terminating Troubled MBTA Retirement Fund

The MBTA should assess the feasibility of moving its employees out of the Social Security system and transfer investment management responsibility for its pension fund to the commonwealth’s Pension Reserves Investment Management board as initial steps toward terminating the MBTA Retirement Fund

Study Urges New MBTA Strategic Plan to Focus on Attracting More Riders

Increased ridership would boost revenue, reduce congestion and bring environmental benefits BOSTON – Measurable targets for increasing ridership would be an effective organizing principle as the MBTA develops its strategic plan, according to a new study published by Pioneer Institute. [av_button label=’Download...