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Small Business Lifestyle

After 4 years, SEPTA is reinstating phased-in parking fees | What you need to know [Video]

PHILADELPHIA (WPVI) — After four years of offering free parking, SEPTA is reinstating parking fees starting Monday.

The fees will be reintroduced in phases, officials say. The reinstatement schedule is posted at SEPTA.org.

Parking fees were suspended in 2020 to attract customers back to the transit system when the pandemic hit, according to SEPTA.

“We wanted to keep it free as we built up ridership post-pandemic,” noted SEPTA spokesperson Andrew Busch.

The reinstated parking fees are:

  • Surface Lots (96 SEPTA-owned locations): $2 per day, which is up from the previous cost of $1 per day.
  • Garages (3 locations: Frankford Transportation Center, Norristown Transportation Center, and Lansdale Station): $4 per day, which is up from the previous cost of $2 per day.

Parking at surface lots will remain free on weekends and major holidays.

Busch told Action News that the new fees are expected to bring in an additional $6 million in revenue.

The extra cash will go to maintenance as …

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Small Business Lifestyle

We have multi-decadal growth ahead: Swiggy's top brass on IPO plans - The Economic Times Video

Swiggys Rs 11,000 Cr IPO is set to launch on November 6, 2024. In an exclusive interview with ETMarkets, MD & Group CEO Sriharsha Majety and CFO Rahul Bothra discussed what sets Swiggy apart, why retail investors should consider investing, and what the financials reveal. Watch!