GM Survey: Budgets stabilize, revenue alts sought

Posted on September 24, 2012 by Janna Starcic, Executive Editor

In a turnaround from last year’s General Manager Survey, nearly 60% of respondents are not facing a budget shortage. Of those reporting an issue, 61% cut service, while 58% raised fares and 40% eliminated positions in order to cope. To deal with rising costs such as healthcare and fuel prices, GMs  are revisiting contract charges annually, and cutting back on discretionary costs (i.e. advertising); establishing wellness programs and purchasing fuel in contract blocks; as well as reducing workers comp exposure and purchasing more fuel-efficient buses.

We asked transit executives what they thought of the new transportation bill (MAP-21). Some said it was too early to tell, or were indifferent, while some liked the changes to New Starts evaluation critera and the move toward formula funds. Others disliked that it was only a two-year bill and that Positive Train Control requirements were not adjusted to realistic expectations.

Looking at the makeup of our survey respondents, four out of five were male, while the number of average years worked in the industry was 23. The average annual salary was $113,000, with the highest reported being nearly $300,000 and the lowest being under $33,000. A majority of respondents (63%) feel transit executives are paid fairly, while nearly nine out of ten do not ride their own systems to work. Transit executives spent nearly half of their time dealing with governmental/public affairs, with business/budget dealings coming in second.

Three out of four transit executives cite advertising as an additional way to generate revenue. Applying for state and federal grants, as well as selling maintenance services and acting as a local agent for Greyhound are “other” methods being employed.

For the full story as it appeared, click here.

View comments or post a comment on this story. (0 Comments)

More News

Fed judge orders MARTA to court over paratransit service

Ordered to appear over allegations it's violating a court order, which, among other stipulations, requires MARTA to strive for an on-time performance rate of 100%.

MBTA urged to explore cost saving actions for paratransit

Possible changes presented by MASSDOT's deputy administrator included raising fares to the maximum allowed by ADA and reducing some of The Ride’s overhead costs by partnering with taxis or other transportation companies.

MARTA to privatize paratransit operations, maintenance

MV Transportation will operate and maintain the Mobility fleet. The contract requires the company to keep its on-time performance rate at 90% percent or higher, while at the same time reducing the number of customer complaints and trip requests that are denied

Texas paratransit agency lays off 59 as company loses state contract

The State of Texas Health and Human Services Commission canceled its three-year contract with TAPS Thursday morning, stating the transit company would no longer provide services for their Medicaid Non-Emergency Medical Transportation riders.

Mobility Ventures names new VP, Government & Commercial Fleet Sales

Bill Gibson brings to Mobility Ventures more than 40 years of sales and marketing experience with an extensive, proven background in automotive fleet management operations.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment


Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close