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The Chicago Transit Authority (CTA) is the operator of mass transit in Chicago, Illinois, United States, and some of its suburbs, including the trains of the Chicago "L" and CTA bus service. In 2023, the system had a ridership of 279,146,200, or about 993,700 per weekday as of the third quarter of 2024.
Dorval Ronald Carter Jr. is an American businessman and executive who has served as the President Board of the Chicago Transit Authority (CTA) since 2015. [1] He has previously worked in transportation-related organizations including the Federal Transit Administration and the United States Department of Transportation.
Pace is the suburban bus and regional paratransit division of the Regional Transportation Authority serving the Chicago metropolitan area.It was created in 1983 by the RTA Act, which established the formula that provides funding to the CTA, Metra, and Pace.
A CTA generally acts as an asset manager, following a set of investment strategies utilizing futures contracts and options on futures contracts on a wide variety of physical goods such as agricultural products, forest products, metals, and energy, plus derivative contracts on financial instruments such as indices, bonds, and currencies. [5]
Although the CTA made up just over 21 pages of the NDAA's nearly 1,500-page total, the law packs a significant regulatory punch, requiring most entities incorporated under State law to disclose ...
RTA was created after a referendum in 1974. In 1973, CTA had instituted its first major service cuts, [6] and several suburban bus companies, including Evanston Bus Company and Glenview Bus Company had ceased operations, forcing Evanston to make arrangements with CTA and Wilmette to start a municipal service.