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rewrite into paragraph form Threats: Economic Downturns: In times of recession or economic difficulty, public transit agencies often see reductions in ridership and funding, which
rewrite into paragraph form Threats: Economic Downturns: In times of recession or economic difficulty, public transit agencies often see reductions in ridership and funding, which could impair Pierce Transit's ability to maintain services and invest in infrastructure. Changing Public Perceptions: Public sentiment toward public transportation is shifting, especially post-pandemic, as many people prefer private or remote work solutions, potentially reducing ridership demand. Cybersecurity Risks: As Pierce Transit adopts more technology-based solutions like mobile ticketing and real-time tracking, the risk of cybersecurity breaches increases, potentially exposing sensitive rider information. Rising Energy Costs and Supply Chain Disruptions: Increasing fuel prices and disruptions in the global supply chain may impact the cost of operations, especially as Pierce Transit works on modernizing its fleet. Increased Competition from Other Transportation Modes: Ridesharing services, personal vehicles, and micro-mobility options like bicycles and scooters are direct competitors that offer flexible alternatives to public transit
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