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

Calif. Gov. commemorates new Proterra LA manufacturing facility

Partially funded by a grant from the California Energy Commission, the 100,000-square-foot facility has the capacity to manufacture 400 buses annually.

UTA takes delivery of Provo/Orem BRT bus

The New Flyer Xcelsior 60-foot articulated bus is the first to be delivered and will now go through a thorough testing process.

FTA makes $226M in grants available to improve transit bus service

All projects must comply with Buy America regulations, which require that all iron, steel, or manufactured products be produced in the U.S., as well as final assembly of vehicles.

WSP USA designing BRT system for TriMet

The 14-mile Division Transit Project will provide an improved high-capacity connection between downtown Portland and the City of Gresham via Division Street.

New Flyer to supply 14 60-foot articulated buses to Brampton Transit

The vehicles will be delivered starting Q1 2018.

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