Bus

APTA: Transit users save $10,230 annually

Posted on May 12, 2011

Reports of receding gas prices have yet to hit the pumps, fueling higher savings for individuals who ride public transportation, who, on average, save up to $10,230 annually and $853 per month, according to the American Public Transportation Association’s (APTA) Transit Savings Report.

The report bases these savings on the May 10, 2011 average national gas price ($3.95 per gallon-reported by AAA) and the national unreserved monthly parking rate.

Since last month gas prices rose another 14 cents, allowing transit riders to save an additional $10 this month. Gas prices have risen nearly $1 since the beginning of 2011, making annual transit saving $115 higher this month, compared to last. 

“Americans need relief from current high gas prices and increasing transportation costs,” said APTA President William Millar. “And, riding public transit is a sure way to lower costs without sacrificing mobility or access.”

The national average for a monthly unreserved parking space in a downtown business district is $161.56, according to the 2010 Colliers International Parking Rate Study. Over the course of a year, parking costs for a vehicle can amount to an average of $1,939.

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

More News

Conn.'s SEAT adding 11 more New Flyer Xcelsior buses

The order, which was supported with federal, state, and local funding, is part a fleet revitalization effort initiated by SEAT in 2017.

Specialty Vehicles partners with trolley manufacturer

Will be the exclusive domestic and international distributor of Brown Industries-manufactured American Heritage trolleys.

Europe's FlixBus considers U.S. expansion

The European long-distance bus service currently operates 1,500 green buses in 26 countries and carried about 40 million passengers in 2017.

Proterra supplies Louisiana's first battery-electric bus fleet

Five Proterra Catalyst E2 vehicles were purchased through the FTA's Low or No-Emission Vehicle Deployment Grant.

Valley Metro, Phoenix award 396-CNG-bus order to New Flyer

The contract, which was supported by FTA funding and includes options for 197 buses over five years.

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