We talk about how escalating gas prices are favorably affecting ridership.  Little is said about the other favorable fallout: how the flurry of ridership increases has pushed transit services beyond capacity, forcing agencies to bolster their fleets.

It’s a good sign for the suppliers to the public transit industry who find themselves scurrying to meet public agencies' demand for more equipment -- or at the very least try to speed up deliveries.  It’s a public hardship that has turned into a good situation for the manufacturers, and a situation much needed by industry suppliers -- a big boost to the overall economy.

Until next time,

Dan

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Dan Reichard

Dan Reichard

Honorary member, Business Member Board of Governors

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