The New York City Transit Authority (NYCTA), a state-owned public-benefit corporation founded in 1954, operates the New York City subway system and bus network. A subsidiary of the Metropolitan Transportation Authority, it is the largest and busiest transit system in North America, transporting over 8 million passengers daily, totaling more than 2.5 billion annually. The NYCTA employs approximately 950 people and is headquartered in the United States.
