Accessibility

APTA: Transit users save $8,500 yearly

Posted on March 6, 2009

A public transportation rider can achieve an average annual savings of $8,498 by taking public transit instead of driving, based on March 5, 2009 gas prices and the unreserved parking rate, according to the American Public Transportation Association’s (APTA) “Transit Savings Report.”

 

In addition to the annual transit savings, commuters who ride public transit to work are now eligible to receive an increase in the monthly transit benefit offered by their employer. The maximum transit benefit is now equal to the parking benefit and increases from $120 to $230 per month. The change is a part of the economic stimulus package passed by Congress and signed into law by President Obama.

 

APTA’s “Transit Savings Report” calculates this month’s savings for public transit users at $708 per month. This is based on the cost of parking and the March 5 gas price of $1.933 as reported by AAA. Gas prices are up this month by .04 cents, but still $1.245 lower than last year. 

 

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

More News

Collins Bus lands $26M NYC Transit paratransit bus order

The 400 buses purchased will be built to NYCT’s custom specifications on a Ford F350 chassis.

LIRR launches new service for people with mobility issues

LIRR Care will serve as a customer assistance program for those who need an extra helping hand to navigate the railroad system.

Greater New Haven Transit launches paratransit mobile app

The app, provided by technology partner Routematch, is designed for Apple and Android devices.

GRTC announces first nationally-certified travel trainer

During GRTC’s pilot Travel Training Program, Kelsey Calder completed substantial course work and passed her final practicum in June 2018.

L.A. County awards paratransit contract to MV Transportation

The contract has extended MV Transportation's partnership with Los Angeles County into its second decade.

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

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

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