The tramway is currently operated by Transports publics Neuchâtelois (transN) (formerly Compagnie des Tramways de Neuchâtel), which also runs three funiculars, the Neuchâtel trolleybus system and various conventional bus lines.

[4] Today, trams run to Boudry at rigid 20-minute intervals and serve a total of twelve stops.

The line to Boudry is mostly single-track, and runs on its own right-of-way, independently of road traffic.

In similar fashion to a classic railway, it is controlled by automatic block signalling, as previously noted, and equipped with push button interlocking.

Until early 1988, the line's Neuchâtel terminus was a loop through the centre of Place Pury.

The loop was abandoned at that time,[5] to facilitate the planned construction (later) of an underground public parking garage, and replaced by a two-track stub terminus to the west.

The first urban tramway in Neuchâtel, to Saint-Blaise, went into operation on 16 September 1893, and was originally powered by gas.

For the horsecar operations, the NSB procured six small lightweight trams, each of which was hauled by one horse.

The city's tramway network was subsequently expanded further, and in 1926 reached its maximum route length of 27 km (17 mi).

These were cars 81–83, Swiss Standard trams [de; fr] built in 1947 by Schweizerische Industrie Gesellschaft (SIG) and purchased new by TN.

For the interurban line, the original fleet consisted of five steam locomotives, nos.

For the introduction of electric tram service on line 5 in 1902, TN acquired seven double-ended, double-truck (four-axle) tramcars and four matching trailers.

[6] Until 2019, the Neuchâtel tramway was run exclusively by a high-floor tram fleet, mostly built in 1981, comprising six four-axle power cars of type Be 4/4 with the numbers 501–506 and four corresponding, externally identical control cars (Bt) with the numbers 551–554.

TransN purchased five Be 4/8s from Appenzeller Bahnen, which had previously been in service on the St. Gallen-Trogen railway line.

Car 592, ex-1102, was initially preserved by the Association Neuchâteloise des Amis du Tramway (ANAT), which group also owns some of the aforementioned other trams, but was scrapped in 1993 due to its poor condition.