Bus

APTA: Public transit riders save $9,453 annually

Posted on May 4, 2010

Individuals who ride public transportation can save on average $9,453 annually based on the May 3, 2010 national average gas price and the national unreserved monthly parking rate. On a per month basis, transit riders can save on average $788 per month. 

 

According to the 2010 edition of the AAA annual report, ‘Your Driving Costs’ the cost of owning and operating a vehicle has increased 4.8 percent since last year. The leading factor was the rise in fuel prices. The 4.8 percent increase, along with higher gas prices compared with this time last year, means that transit riders can now save approximately $762 more in commuting costs annually.

 

“The Transit Savings Report” released monthly by the American Public Transportation Association (APTA) 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.

 

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

Arrow Stage hosts Veterans Strong Appreciation Event

Over 200 guests attended to witness the evening’s main event, the unveiling of the full-sized custom Arrow Stage Lines’ Veteran Strong motorcoach. 

SFRTA unveils new Tri-Rail commuter connector

The fleet of 28 new vehicles and 2 refurbished vehicles will replace the existing Tri-Rail shuttle buses.

St. Louis Metro recognized for maintenance and asset management

Bus maintenance program has been able to extend the lifespan of buses by 25% and decrease the rate of breakdowns by 85%.

FTA confirmed to speak on new bus testing rule, more at BusCon 2016

A Transit Maintenance Forum pass is $98 and includes the forum as well as access to BusCon’s full educational program, the exhibit hall full of buses, networking event at the Indianapolis Motor Speedway Museum and much more.

Forest River ranks Top 3 Spots in Ford's top volume accounts

Starcraft Bus, Elkhart Coach and Glaval Bus finished first, second and third, respectively.

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