Bus

APTA: PT saves individuals $9,137 annually

Posted on July 10, 2009

Individuals who ride public transportation can save, on average, $9,137 annually based on the July 9, 2009 national average gas price and the national unreserved monthly parking rate, according to the American Public Transportation Association's (APTA) "The Transit Savings Report."

Released monthly, the report calculates the average annual and monthly savings for public transit users. The report examines how an individual in a two-person household can save money by taking public transportation and living with one less car.

Transit riders can save, on average, $761 per month, according to this month's report. The savings amount is based on the cost of the national averages for parking and driving, as well as the July 9 national average gas price of $2.58 per gallon for self-serve regular gasoline, as reported by AAA.

The national average for a monthly unreserved parking space in a downtown business district is $154.23, according to the 2009 Colliers International Parking Rate Study. Over the course of a year, parking costs for a vehicle can amount to an average of $1,850.

 

 

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

More News

Hometown Trolley acquires Supreme Corp.'s American Trolley product line

The purchase furthers Hometown Trolley's overall strategic business model to become the leading trackless trolley bus manufacturer in the North American transit industry.

Volvo Buses unveils pedestrian and cyclist detection system

The system will be introduced on Volvo’s European city bus fleet in 2017.

Stertil-Koni introduces high-performance, low-capacity hydraulic vehicle lift

The company’s ST 1064 hydraulic mobile column lift has a capacity of 14,000 lbs. per column, or 56,000 lbs. for a set of four.

METRO, PERC honor innovation, clean fleets at BusCon 2016

Arrow Stage Lines, L.A. Metro and Pierce Transit and their supplier partners, as well as fleets in San Diego and Detroit were among the honorees.

Blue Bird Commercial to feature range of options at BusCon 2016

Commercial bus fleet operators will find a full range of small and medium-sized buses at the Blue Bird booth (#501) at BusCon 2016 being held at the Indiana Convention Center in Indianapolis on Sept. 19 - 21.

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

Please sign in or register to .    Close