Bus

APTA: Public transit users save $9,956 annually

Posted on August 11, 2011

Individuals who switch from driving to riding public transportation can save, on average, up to $830 this month, and up to $9,956 annually, according to the August Transit Savings Report, released by the American Public Transportation Association (APTA). 

These numbers show a substantial increase over this time last year, as gas prices have risen nearly $.86 a gallon. These savings are based on the Aug. 10, 2011 average national gas price ($3.64 per gallon- reported by AAA) and the national unreserved monthly parking rate.
 
APTA releases this monthly Transit Savings Report to examine 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 $155.22, according to the 2011 Colliers International Parking Rate Study. Over the course of a year, parking costs for a vehicle can amount to an average of $1,862.64.

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

More News

BYD zero-emission buses used to transport 2015 World Games athletes

Both the cities of Los Angeles and Long Beach have opted to purchase 100% battery-electric transit buses from BYD Motors in each of their latest procurements.

BusCon 2015 to offer perspective on the bus industry’s fastest growing customer base

This event offers one location where anyone involved with buses, including public transit and private companies, can meet to build business connections, learn from successful leaders in the field and discover new solutions to the everyday challenges they face.

CHK America completes first tier of GRTC bus stop signage improvements

Tier One modernizes 300 stops along two of GRTC’s busiest routes with each stop receiving upgrades that include new flags with clearly visible route and bus stop numbers as well as eye-level, easy-to-use printed schedule and map information.

Transit management expert to inspire at BusCon 2015 keynote address

The keynote address, “Driving Excellence” will be delivered on Tuesday, Sept. 29, at 11 a.m. by Mark Aesch, CEO of TransPro, a management consultancy that guides transit systems.

Port Authority to realign gates at NYC bus terminal

The changes are aimed at improving bus operations and reducing congestion in the terminal that can stretch back out into the inbound Lincoln Tunnel and beyond.

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 resource for managers of class 1-7 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