Management & Operations

APTA: Public transit users save $9,394 annually

Posted on April 30, 2015

Pace
Pace

The annual savings for public transit riders this month is $9,394, according to the American Public Transportation Association's (APTA) April Transit Savings Report. Individuals who ride public transportation instead of driving can also save, on average, more than $783 per month, according to the monthly 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 April 27, 2015 average national gas price of $2.54 per gallon, and the national unreserved monthly parking rate numbers.

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, 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

DCTA recognized for 'Excellence in Procurement'

Agency receives prestigious award for third consecutive year from the the National Procurement Institute Inc.

NAIPTA board selects Mazza as next CEO/GM

Will succeed Jeff Meilbeck, who has served as the head of Flagstaff’s transit agency for more than 20 years.

NYC Transit launching town halls to discuss system modernization

The Fast Forward Plan includes goals such as installing new signal and track infrastructure for subways and accelerating accessibility.

WSP’s Adams elected to COMTO board of directors

The advocacy organization also recognized Adams’ contributions to diversity and the industry with the “President’s Excellence” award.

COTA named outstanding mid-sized public transit agency, by APTA

A transit system redesign, and fleet-wide Wi-Fi access for riders were among the achievements considered by APTA.

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