Motorcoach

Business for Motorcoach Top 50 Continues Climb

Posted on January 12, 2012 by Nicole Schlosser, Senior Editor - Also by this author

Page 1 of 2

In 2011, business increased for 70% of METRO's Top 50 operators, which is even higher than last year's reported increase of 42%. On average, the uptick for those operators is very slight compared with last year's 9%, at 9.4%. Twelve percent said business was down, significantly lower than 2010's 20% figure. On average, business decreased by 9.2%. For 17% of operators, business remained the same.

To increase business, significantly more operators secured government and school contracts than in 2010, at nearly two-thirds of respondents, compared with 46% last year. Seventeen percent of carriers formed co-ops with other providers, and the same number diversified into limousine and paratransit operations. Other efforts cited primarily included university and employee shuttle contracts.

Actions to offset costs, particularly increasing fuel prices, included fuel surcharges at 71%; rate increases at 55%; and fuel hedging, reducing idling and highway speed at 11%. About 28% of operators reported having to downsize staff, up 2% from 2010, indicating that while business may be growing for many carriers, they are not necessarily able to hire more employees or retain workers.

The most favored marketing methods were once again word of mouth, selected by 41% of respondents, and the Internet, chosen by nearly one-third of surveyed operators. Internet use for marketing is slowly increasing, on average, by about 2% each year. Selected by less than one-tenth of operators were print ads (6%), Yellow Pages (4%) and Radio/TV (2%). More carriers appear to be using the Yellow Pages, with an uptick of about 3% over the last two years.

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

More News

ABA Foundation report finds motorcoach sales up in Q4

Sales from the participating manufacturers saw a 9.7% increase over the same quarter in 2016 to a total of 1,238 units (738 new coaches and 500 pre-owned coaches).

DATTCO receives safety award from International Motorcoach Group

Established in 1924, DATTCO, Inc. is a third-generation family-owned business headquartered in New Britain, Conn.

MCI appoints to Canada Western Region sales, support team

Chad Sadowy has been promoted to Canada Western Region VP of Sales, succeeding Guy Tessier, while Steve Kuhn replaces Sadowy as Technical Solution Manager.

Coach Atlantic orders 2 2019 MCI J4500s

The agreement follows the Prince Edward Island-based charter operator’s order last year for 13 J4500s signed at UMA Expo in 2017.

Van Hool to open Tennessee plant

The company plans on opening the plant in 2020 where they will produce 400 buses per year with about 500 employees.

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

Luxury Coach & Transportation

Please sign in or register to .    Close