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Future of transit improving?

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Future of transit improving?
Posted by CMStPnP on Tuesday, August 15, 2023 9:29 PM

So to me it looks like fully remote positions are starting to disappear more and more in favor of hybrid which is remote with a definied percentage spent in the office.   Even more so a number of fully remote firms have now reversed themselves and stated everyone will work onsite and in the office.    So the fad of the pandemic era looks like it is starting to end.    Which means longer term that use of transit should continue to increase.    My two cents.

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Posted by charlie hebdo on Wednesday, August 16, 2023 3:37 AM

CMStPnP

So to me it looks like fully remote positions are starting to disappear more and more in favor of hybrid which is remote with a definied percentage spent in the office.   Even more so a number of fully remote firms have now reversed themselves and stated everyone will work onsite and in the office.    So the fad of the pandemic era looks like it is starting to end.    Which means longer term that use of transit should continue to increase.    My two cents.

 

That's what I see on Metra UP West: ridership to the Loop is up.

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Posted by CSSHEGEWISCH on Wednesday, August 16, 2023 9:56 AM

Ridership is also edging upward on Southwest Service (ex-Wabash).  

The daily commute is part of everyday life but I get two rides a day out of it. Paul
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Posted by CMStPnP on Friday, September 1, 2023 6:13 AM

A lot of large firms are eliminating full remote positions and asking their employees to return to the office via a hybrid arrangement.    Some that did that earlier are now stating that hybrid will go away in the next year.....back to a full onsite arrangtement.    The trend seems to be expanding and growing, so much so that my own feeling that any pending crisis in commercial real estate might be smaller than anticipated or even partially eliminated.   Interesting to watch.

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Posted by daveklepper on Saturday, September 2, 2023 2:53 PM

Thren there are the pushes for cleaner air and less highway congestion.

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Posted by zugmann on Saturday, September 2, 2023 2:55 PM

daveklepper
Thren there are the pushes for cleaner air and less highway congestion.

Unless you live in an area inundated with WFH people moving in.  Then those got so much worse... 

  

The opinions expressed here represent my own and not those of my employer, any other railroad, company, or person.

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Posted by MidlandMike on Saturday, September 2, 2023 9:27 PM

Even Zoom is calling workers back to the office.

https://www.cnn.com/2023/08/07/business/zoom-return-to-office/index.html

 

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Posted by CMStPnP on Sunday, September 3, 2023 1:12 PM

MidlandMike
Even Zoom is calling workers back to the office.

I knew the trend would never last.   Employees generally have an attitude of "stick it to the firm" and Managers generally have an attitude of "If they are not in the office they are slacking off".    I feel sorry for those that are still remote because in the next 2-3 years most of them will be given a choice.   Work onsite at least part of the time or lose your job.    Some people now are choosing to quit versus relocate back to where their job is located because foolishly they moved away believing this was permanent.    I'm curious how many of the folks that quit make up the unemployment rate but thats another story I guess.

I think the silver lining here is a chunk of the excess commercial real estate is going to be sponged up soon and it looks like transit and train ridership is going to increase as well.

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