
How San Antonio wants to catch up on mass transit
Why it matters: As the city cements its status as one of the most populous in the U.S., it has lagged behind its peers in public transit efforts.
Context: A decade ago this month, San Antonio voters passed a charter amendment that said the city would have to get voter approval for any light rail or streetcar systems.
In 2000, voters rejected a light rail proposal; in 2014, a streetcar project died.
State of play: Fast-forward 10 years, and VIA Metropolitan Transit leaders and transit experts say two coming bus rapid transit routes — the Green and Silver lines — will offer an experience similar to rail and move almost as many people.
And officials are betting on it to increase public transit use. VIA's buses had nearly 27 million trips in 2024, up more than 11% from 2023, per American Public Transportation Association data.
"People taking the Green Line are going to be able to get to their connections to other lines faster and more reliably than ever before," Rod Sanchez, VIA's senior vice president of planning and development, tells Axios. "We're definitely taking our service to an all-new level."
The latest: The Green Line will run along San Pedro Avenue from San Antonio International Airport on the North Side through downtown to the Missions on the South Side. Construction is slated to begin in July.
The Silver Line will run from the Frost Bank Center on the East Side through downtown to North General McMullen on the West Side. It's still undergoing design; construction could begin in 2027.
How it works: A rapid bus runs in a dedicated lane, rather than sharing the street with cars. It's expected to arrive every 10 minutes, and riders can pay their fare before boarding to speed up the process.
Construction of both rapid bus routes is largely funded with federal dollars. Despite threats to funding under the Trump administration, Sanchez says VIA feels confident the city will keep it. It's already secured $268 million for the Green Line.
Maintenance and operation will fall to VIA.
Follow the money: The Green Line is projected to cost a total of $480.8 million and the Silver Line $289.2 million.
What they're saying: Frequency is what matters most to convince riders to take public transit over driving, Kelly Blume, associate research scientist at the Texas A&M Transportation Institute, tells Axios.
If San Antonio creates "a transit service that achieves high frequencies and fast speeds and can carry a lot of people, you could meet that need with bus rapid transit or with rail," Blume says.
Zoom out: As San Antonio builds out its transit future, systems in major U.S. cities are faltering. Ridership and revenue tanked during the pandemic and has still not fully recovered. Federal funding is uncertain.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CNBC
23 minutes ago
- CNBC
Dollar drifts as investors ponder Fed independence ahead of Powell speech
The U.S. dollar drifted on Thursday as investors fretted about the Federal Reserve's independence after yet another attack from President Donald Trump ahead of remarks from Chair Jerome Powell later this week that could influence the outlook for rates. Trump called on Fed Governor Lisa Cook to resign on the basis of allegations made by one of his political allies about mortgages she holds in Michigan and Georgia, intensifying his effort to gain influence over the U.S. central bank. Cook said she had "no intention of being bullied to step down" from her position at the central bank. Trump has also told aides he is considering trying to fire Cook, the Wall Street Journal reported on Wednesday. "It has the potential to raise questions around the Fed's oversight and regulatory functions but it has little to no near-term monetary policy implications," said Prashant Newnaha, senior Asia-Pacific rates strategist at TD Securities. That explained the relatively muted reaction in the currency markets to the news as the dollar initially dipped on the news but was mostly calm into the Asian session. The Japanese yen held onto gains made in previous sessions and was little changed at 147.41 per dollar, while the euro was steady at $1.1642. Sterling last fetched $1.34535. That left the dollar index, which measures the U.S. currency against six other peers, steady at 98.301. Trump has repeatedly criticized Powell for being too slow to cut rates, stoking investor worries about the central bank's independence and its credibility. Investors expect Trump will replace Powell with a more dovish appointment when his term ends in May. Trump earlier this month said he would nominate Council of Economic Advisers Chairman Stephen Miran to serve out the final few months of a vacant Fed seat after Adriana Kugler unexpectedly resigned. Kristina Clifton, a senior economist at the Commonwealth Bank of Australia in Sydney, said if Cook resigns it would create another opening for Trump to appoint a Fed Governor who will vote to lower interest rates. "Perceived political interference in the Federal Reserve can undermine its independence, steepening the yield curve and denting the USD's safe haven status." The main focus this week has been on whether Powell will push back against market expectations for a rate cut at the Fed's September 16-17 meeting when he speaks on Friday at the Jackson Hole meeting, following a weak jobs report for July. "Markets are adamant that recent labor market data necessitates some policy calibration and are expecting Chair Powell to tip his hat in that direction," TD's Newnaha said. Traders are pricing in an 82% chance of a 25-basis-point rate cut next month, CME FedWatch tool showed. While the odds have lowered from last week after hotter than expected producer price inflation tempered expectations, investors are still pricing in over 50 bps of easing this year. Some analysts cautioned that markets could end up being disappointed by Powell's speech, noting that the impact of Trump's tariffs on inflation remains uncertain. "It is not clear that Powell will deliver strong guidance," said Benoit Anne, managing director in the investment solutions group at MFS Investment Management. If the dovish signals elude us, there will be significant pricing out of the odds for a September cut." In other currencies, the New Zealand dollar was nursing steep overnight losses at $0.58205 after diving 1.2% to its lowest level since April. New Zealand's central bank cut interest rates on Wednesday as expected but left the door wide open to yet more easing if needed. The Australian dollar eased 0.13% to $0.64245, hovering near a two-week low.


Business Insider
an hour ago
- Business Insider
FSLR, RUN, NEE: President Trump Says U.S. Will Not Approve Solar and Wind Projects
U.S. President Donald Trump has said that his administration will not approve any solar or wind power projects, even as electricity demand is outpacing the available supply across America. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. 'We will not approve wind or farmer destroying Solar,' Trump wrote on social media. 'The days of stupidity are over in the USA!!!' The president's latest comment on renewable energy sources comes after his administration tightened federal permitting for solar, wind, and hydro projects. Renewable energy companies such as First Solar (FSLR), Sunrun (RUN), and NextEra Energy (NEE) fear that their projects will no longer receive permits that were once the normal course of business. The stocks of renewable energy companies have been volatile in recent months as investors make sense of the Trump administration's policies. Rising Electricity Costs President Trump has blamed renewable energy for rising electricity costs in the U.S. Prices have risen on America's largest grid, PJM Interconnection, as rapidly growing demand from data centers and other industries faces a tight power supply with resources such as coal plants being steadily retired. PJM Interconnection has seen prices for new power capacity rise 22% this year compared to 2024. PJM covers 13 states across the Mid-Atlantic and Midwest. Analysts say that wind, solar, and hydro power sources can help bridge the current supply gap as they make up an overwhelming majority of the projects in line to connect to the U.S. power grid. Trump's recent budget legislation terminates the investment and production tax credits for wind and solar projects by the end of 2027. Those credits have played a key role in the expansion of renewable energy. Is the SPDR S&P 500 ETF Trust a Buy? The SPDR S&P 500 exchange-traded fund (SPY) currently has a consensus Moderate Buy rating among 504 Wall Street analysts. That rating is based on 425 Buy, 73 Hold, and six Sell recommendations issued in the last three months. The average SPY price target of $718.24 implies 13.47% upside from current levels.


CNBC
an hour ago
- CNBC
Japan's factory activity extends declines in August, PMI shows
Japan's manufacturing activity contracted for the second month in August as U.S. tariffs weighed on overseas demand, a private-sector survey showed on Thursday. The S&P Global flash Japan Manufacturing Purchasing Managers' Index increased to 49.9 in August from July's final 48.9, but it remained below the 50.0 threshold that separates growth from contraction for two straight months. "The recovery in manufacturing output may be hard to sustain unless we see an improvement in sales in the near-term," said Annabel Fiddes, Economics Associate Director at S&P Global Market Intelligence, which compiled the survey. Manufacturing output showed a modest recovery, with the output index rebounding to growth from a contraction logged in July. However, new orders continued to decline, reflecting weak demand both domestically and internationally. Foreign orders for Japanese goods fell at the fastest pace in 17 months, underscoring the fragility of the export-reliant manufacturing sector. Official trade data showed on Wednesday Japan's exports in July posted the steepest drop since February 2021 given the intensifying impact of U.S. tariffs. The U.S.-Japan trade deal reached last month would lower Trump's tariffs on Japanese goods to 15%. Some manufacturers grew more confident about business conditions but overall remained cautious, a Reuters poll found earlier this month. For manufacturers, input costs also edged up, while selling price inflation eased to its lowest in more than four years, the PMI data showed, indicating higher pressure on profit margins. In the services sector, activity continued to expand but at a slower pace, with the flash services PMI falling to 52.7 in August from July's final 53.6. The composite PMI output index, which aggregates manufacturing and services, rose to 51.9 in August from 51.6 in July to mark the fastest expansion in six months.