Bus

APTA: Public transportation users save $9,934 annually

Posted on October 25, 2012

Individuals who ride public transportation instead of driving can save, on average, $828 this month, and $9,934 annually, according to the American Public Transportation Association’s (APTA) October Transit Savings Report.

The savings are based on the cost of commuting by public transportation compared to the cost of owning and driving a vehicle, which includes the Oct. 24, 2012 average national gas price ($3.63 per gallon- reported by AAA) and the national unreserved monthly parking rate.

APTA notes a simple way to avoid the rising parking rates is to swap your daily car trip for travel on your local bus or train.

The national average for a monthly unreserved parking space in a downtown business district is $166.26, according to the 2012 Colliers International Parking Rate Study. Over the course of a year, parking costs for a vehicle can amount to an average of $1,995. The cost of the daily downtown daily parking rates increased in 2012 by an average of 1.6% or an extra $132 per year compared to the rates in 2011.

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.

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

More News

New Flyer opens innovation lab for advanced bus technology

The Vehicle Innovation Center is a state-of-the-art manufacturing lab, featuring virtual reality learning spaces, driving simulators, and other interactive exhibits.

Grande West, Alliance Bus Group land 100 Vicinity bus order

Grande West’s total firm orders for 2017/2018 delivery are for over 350 buses valued at over $130 million.

Scully named ‘Outstanding’ Business Member

The award recognizes service to the organization, and particularly in Scully’s case, legislative advocacy on behalf of North American mass transit.

MCI unveils D45 CRT LE coach at APTA EXPO

Deliveries of the Buy-America compliant, Altoona-tested clean-diesel coach are expected to begin in the fourth quarter of 2018. An all-electric version is also in development and will be released in 2020.

Proterra Catalyst E2 sets world record, drives 1,101 miles on single charge

Proterra’s 40-foot Catalyst E2 max traveled 1,101.2 miles with 660 kWh of energy storage capacity. For the last three consecutive years, the company has demonstrated improved range and battery performance.

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