Loop Trolley profits much lower than expected

News
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

ST. LOUIS, Mo. — The Loop Trolley isn’t making as much money as previously hoped.  Officials say it’s only generating about a quarter of the needed fare revenue.

The St. Louis Business Journal reports that in four months of operation the streetcar system sold about 4,300 tickets. That amounts to just over $8,000.

In 2016 officials said the trolley would need to make about $8,300 per month.  They hope better weather and a full seven-day schedule will help increase ridership.

FOX 2 Newsletters

Sign up for a newsletter from FOX 2 to get updates about news and weather. We offer daily headlines, breaking news, severe weather, and forecast emails.

Popular

Latest News

More News