Bus

APTA: Public transit saves riders $9,242 annually

Posted on January 12, 2010

Individuals riding public transportation can save, on average, $9,242 annually based on the Jan. 11, 2010 national average gas price and the national unreserved monthly parking rate.

Compared to last year at this time, the average cost per gallon of gas was $1.79, which is nearly $1 less than the current price of gas at $2.75 per gallon. This increase in cost equates to an additional $600 in savings per year for transit commuters as compared to last year's savings amount at this same time.

"The Transit Savings Report" released monthly by the American Public Transportation Association APTA calculates the average annual and monthly savings for public transit users. The report examines how an individual in a two-person household can save money by taking public transportation and living with one less car.

Transit riders can save on average $770 per month. The savings amount is based on the cost of the national averages for parking and driving, as well as the January 11 national average gas price of $2.75 per gallon for self-serve regular gasoline as reported by AAA.

The national average for a monthly unreserved parking space in a downtown business district is $154.23, according to the 2009 Colliers International Parking Rate Study. Over the course of a year, parking costs for a vehicle can amount to an average of $1,850.

 

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

More News

Renewable natural gas on-road fuel use reaches historic high

Over the last five years, RNG use as a transportation fuel has increased 577%, displacing over seven million tons of carbon dioxide equivalen.

TRE creates link to Dallas Fort Worth International Airport

Created in conjunction with DART, Trinity Metro, and the airport, the system replaces the existing shuttle that connects CentrePort passengers.

CCW to install TriMet driver protection system units

Will allow drivers to feel confident in driving their route while still being able to connect and interact with their passengers.

Valley Metro adding 24 more New Flyer CNG buses

Seventy percent of the vehicles in the Valley Metro fleet are powered by natural gas to support local clean air initiatives.

BYD launches the world's longest pure electric bus

With a passenger capacity of 250 people, the K12A can travel at a maximum speed of 43 mph.

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