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Stock transfer agent, an individual or organisation involved in transferring the name and certificate of one master shareholder of stock to another. Stock transfer (housing), the process in which ownership of council housing is transferred to a housing association. Empty stock transfer, the act of moving rolling stock from one destination to ...
A transfer allows the rider of a public transportation vehicle who pays for a single-trip fare to continue the trip on another bus or train. [1] Depending on the network, there may or may not be an additional fee for the transfer. [ 2 ]
Taking overall track length into consideration, Metro Rail's rapid transit lines transport 7,960 passengers per route mile, making this the fifth busiest U.S. rapid transit system on a per mile basis. Metro's light rail system is the second-busiest in the United States with 141,000 average weekday boardings as of the third quarter of 2024. [1]
Furthermore, while in transit, securities were not available for use or investment, causing what has been called "pipeline liquidity risk". These disadvantages have now been eliminated by the more modern and secure method of the electronic Direct Registration System (DRS) operated by stock transfer agents.
These lines and services were operated by the Brooklyn–Manhattan Transit Corporation (BMT) and city-owned Independent Subway System (IND) before the 1940 city takeover of the BMT. B Division rolling stock is wider, longer, and heavier than those of the A Division, measuring 10 or 9.75 ft (3,048 or 2,972 mm) by 60 or 75 ft (18.29 or 22.86 m). [2]
[42] [43] With the addition of unlimited-ride MetroCards in 1998, the New York City Transit system was the last major transit system in the United States, with the exception of BART in San Francisco, to introduce passes for unlimited bus and rapid transit travel. [44] Unlimited-ride MetroCards are available for 7-day and 30-day periods. [45]
Rolling stock consists of modified R44 subway-type cars built in early 1973, [56]: 53 added to the end of the R44 order of subway cars for New York City Transit; they were the last cars built by the St. Louis Car Company. [76] [77] They are being replaced by seventy-five R211S subway cars, [78] [79] which entered service on October 8, 2024.
Rapid transit or mass rapid transit (MRT) or heavy rail, [2] [3] commonly referred to as metro, is a type of high-capacity public transport that is generally built in urban areas. A grade separated rapid transit line below ground surface through a tunnel can be regionally called a subway , tube , metro or underground .