Bus

Public transit users save $10,122 annually

Posted on September 13, 2013

Individuals who ride public transportation instead of driving can save, on average, more than $844 this month, and $10,122 annually, according to the American Public Transportation Association’s (APTA) September 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 Sept. 11, 2013 average national gas price 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 $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 savings also factor in local gas prices for Sept. 11, 2013 and the local monthly unreserved parking rate.

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

More News

Proterra bus sets world record, drives 1K-plus miles on single charge

The 40-foot Catalyst E2 max traveled 1,101.2 miles this month with 660 kWh of energy storage capacity at the Navistar Proving Grounds in New Carlisle, Ind.

S.C.'s The COMET adds 31 new vehicles

The COMET has a total of 50 fixed-route vehicles and all but eight will have been replaced within the last three years.

New Flyer of America breaks ground on $25M Ala. facility revamp

The 36-acre, five-building campus will feature a new Vehicle Innovation Center dedicated to the advancement of bus and coach technology.

Proterra secures 3-year lease program with NY MTA

The lease program aims to evaluate the combined economic, environmental and performance benefits of deploying an all-electric bus fleet.

Innovation, clean fleets honored at BusCon 2017

METRO Magazine honored bus operations and their supplier partners for initiatives that helped them improve training, save money, run more efficiently, streamline operations, or improve safety, while PERC honored three operators for championing propane autogas.

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