The Wall Street Journal is highlighting the sticky situation commuter railroads are in nationwide and zeroing in on Caltrain. While Caltrain is walking around with its hand out looking for monies to finish the electrification project, it is also dealing with what looks like a permanent reduction in ridership. The Journal reports
Caltrain, whose commuter trains link San Francisco with Silicon Valley, said in a January report that a sustained ridership decline “poses a severe financial challenge to the viability of the railroad’s business model.” Caltrain said fare revenue historically covered nearly 70% of operating costs.
The report cited a survey in which 37% of people said they expected to commute at least four days a week post-pandemic, down from 71% before, while 41% said they would likely commute a few days weekly or monthly, up from 9% pre-pandemic. Another 22% speculated they would rarely if ever commute, versus 15% before the pandemic.
Sebastian Petty, Caltrain’s deputy chief of planning, said the agency, like the MBTA, was pivoting to focus less on the commuter market. “Our future is to be more of a regional rail provider,” he said. “It’s a significant challenge to our business model.”
Wait. It's a single line from SF to San Jose. What "regional rail provider" model could there possibly be? It already connects to BART and VTA and maybe someday after we are all dead, it will connect to high-cost rail. But BART and VTA are experiencing the same declines–or more. The Journal goes on to note
Transit officials in some cities have shifted schedules away from traditional rush-hour periods, or are doing more to attract suburbanites headed downtown for sporting events as a way to fill seats.
But riding up to 41 home Warrior games and 81 home Giants games isn't going to cut it. It's time for some hard-nosed business decision making before San Mateo county residents are asked to pony up even more money.


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