Accessibility

APTA: PT users save $9,581 monthly

Posted on December 8, 2010

The American Public Transportation Association (APTA) released its monthly "Transit Savings Report" noting that riding public transportation saves individuals, on average, $9,581 annually, a savings of more than $400 compared to the same time last year, and up to $798 per month based on the Dec. 7, 2010 average national gas price and the national unreserved monthly parking rate.

APTA releases the monthly report to examine how an individual in a two-person household can save money by taking public transportation and living with one less car.

APTA calculates the average cost of taking public transit by determining the average monthly transit pass of local public transit agencies across the country. This information is based on the annual APTA fare collection survey and is weighted based on ridership (unlinked passenger trips).

The assumption is that a person making a switch to public transportation would likely purchase an unlimited pass for their local transit agency, typically available on a monthly basis.

APTA then compares the average monthly transit fare to the average cost of driving. The cost of driving is calculated using the 2010 AAA average cost of driving formula. AAA cost of driving formula is based on variable costs and fixed costs. The variable costs include the cost of gas, maintenance and tires. The fixed costs include insurance, license registration, depreciation and finance charges.

The comparison also uses the average mileage of a mid-size auto at 23.4 miles per gallon and the price for self-serve regular unleaded gasoline as recorded by AAA on Dec. 7, 2010 at $2.96 per gallon. The analysis also assumes that a person will drive an average of 15,000 miles per year. The savings assume a person in two-person household lives with one less car.

In determining the cost of parking, APTA uses the data from the 2010 Colliers International Parking Rate Study for monthly unreserved parking rates for the U.S.

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

More News

UTA outfitting 2 paratransit buses with hybrid-drive systems

The energy will be used to help power the vehicles and run the climate control systems, lights, ramps and wheelchair lift while the buses are stopped, eliminating the need for idling.

First Transit wins 2 medical transport contracts

The Non-Emergent Medical Transportation contracts are for the Oregon Health Authority’s Tri County MedLink and the Illinois Department of Healthcare and Family Services Managed Care Network's Family Health Network.

Sure-Lok retractor makes wheelchair securement fast, easy

The Titan800 Retractor System is designed to meet the latest WC18 industry regulations, which take effect December 2015.

 

Reasonable modification rule to improve accessibility introduced

The Final Rule applies to public entities providing fixed route, dial-a-ride and complementary paratransit services. It establishes that an individual’s disability cannot preclude a public transportation entity from providing full access to its service except where doing so would fundamentally alter the service.

San Francisco kicks off free rides program for seniors, people with disabilities

Following unanimous approval by the SFMTA board in January, the SFMTA has worked tirelessly to meet the city’s demand for this program. In just over one month, the SFMTA has processed more than 38,000 applications for the Free Muni program expansion.

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 resource for managers of class 1-7 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