Bus

APTA: Public transportation users save $9,811 annually

Posted on October 28, 2014

Alex Proimos
Alex Proimos
The average savings for public transit riders is $9,811, annually, and more than $818 per month, 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. 23, 2014 average national gas price — $3.08 per gallon- reported by AAA — and the national unreserved monthly parking rate numbers.

APTA releases the 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, which is the most recent report available. Over the course of a year, parking costs for a vehicle can amount to an average of $1,995.

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

More News

TAPTCO, MSTCO create course to help drivers pass CDL test

The course is available in hard copy containing seven interactive CDs together with a trainer’s guide, a driver’s study guide, and a book of practice tests. Alternately, the course is available over the web through a learning management system, so that applicants can go through the training and practice tests from any location.

Canada's London Transit adding 28 New Flyer Xcelsior buses

The award is part of a contract extension from a Nov. 13, 2014 LTC contract, awarded to New Flyer, whereby a one-year extension on the contract was exercisable at the discretion of LTC.

Capital Metro retires last University of Texas shuttle bus

The fleet of burnt orange and white buses has served the UT campus since 1998 and has become a hallmark of Capital Metro’s longstanding partnership with the university.

COTA to provide free Wi-Fi on entire 444-bus fleet

The cost to COTA will be no more than $250,000 per year, though, the agency is hopeful negotiations with companies vying for the contract will result in no charge for them.

Suspicious device found on NY MTA bus

Discovered during a routine inspection, the device was attached with a large magnet to the bottom of the oil pan near the bumper.

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