Bus

APTA: Public Transportation users save $9,795

Posted on May 31, 2013

Individuals who ride public transportation instead of driving can save, on average, more than $816 this month, and $9,795 annually, according to the American Public Transportation Association’s (APTA) May 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 May 29, 2013 average national gas price ($3.62 per gallon- reported by AAA) 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.

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

More News

Colo.'s Roaring Fork adding 8 New Flyer CHARGE electric buses

The order includes four ABB 150 kWh depot chargers purchased from New Flyer Infrastructure Solutions.™

Santa Barbara switches bus fleet to renewable diesel

Different from biodiesel, the fuel is refined from a mix of more than 10 different wastes and residues and various vegetable oils.

Biz News: Proterra and MCI deliver vehicles

Calif.'s Royal Coach celebrates its 60th anniversary with a new J4500, while Proterra lands first N.M. electric bus contract.

FTA awards $423M in bus and bus facilities grants

In Fiscal Year 2019, FTA has made available more than $12 billion in funding.

ElDorado launches 2 new buses, updates model for 2020

New offerings will be built on Ford Transit and F550 chassis.

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