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Port Authority Transit Corporation

Camden, NJ · NTD ID 20075 · 2024 report year

Annual trips5.6 million #104 in the US
Operating expense$57.7 million 2024, as reported
Cost per rider$10.22 all modes combined
Farebox recovery23.2% fares ÷ operating cost

Port Authority Transit Corporation carries 5.6 million passenger trips a year on heavy rail service — making it the 104th-busiest transit operator in the United States. It is based in Camden, NJ.

It spends $57.7 million a year running that service, or $10.22 per trip. Its heavy rail service, the largest of its modes, costs $10.22 per rider — 3% below the $10.50 median for the 16 US agencies reporting heavy rail.

Over the 10 years reported, ridership remains 49% below its 2019 level, the last full year before the pandemic, and up 4% on 2023. Fares cover 23% of operating cost.

Service by mode, 2024

ModeAnnual tripsOperating expense Cost per ridervs national median FareboxVehicles
Heavy Rail#11 of 16 nationally 5,643,435 $57.7 million $10.22 -3% 23% 54

Ridership, 2015–2024

11.1 million 3.7 million 2024 2015
YearAnnual trips Operating expense (2024 $)Cost per rider (2024 $)
2024 5,643,435 $57.7 million $10.22
2023 5,451,983 $60.8 million $11.16
2022 4,870,310 $61.6 million $12.65
2021 3,683,090 $62.5 million $16.97
2020 3,949,450 $67.2 million $17.02
2019 11,107,474 $71.4 million $6.43
2018 10,789,374 $68.3 million $6.33
2017 10,839,059 $65.6 million $6.05
2016 10,653,390 $68.4 million $6.42
2015 10,169,487 $67.2 million $6.61

Where Port Authority Transit Corporation ranks

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Source & method. Figures are from the Federal Transit Administration's National Transit Database (NTD) annual reporting for 2024, the most recent published report year. Cost per rider is operating expense divided by unlinked passenger trips. Farebox recovery is fare revenue divided by operating expense. Ten-year trends are adjusted for inflation to 2024 dollars; single-year figures are as reported. Agencies self-report to the NTD, and reporting practice varies, so figures are best read as comparable in magnitude rather than to the cent.