Bus

Public transportation riders save $10,181 per year

Posted on June 3, 2014

Photo courtesy INIT
Photo courtesy INIT
Riders in 16 of the top 20 cities for public transit ridership save more than $10,000 a year and $800 a month due to the recent spike in gas prices, according to the American Public Transportation Association’s (APTA) latest Transit Savings Report.

The report shows that four straight months of gas prices increasing has pushed the average annual savings for public transit riders to $10,181 a year or more than $848 a month. 

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 28, 2014 average national gas price of $3.65 per gallon 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.

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

More News

Roam Public Transit celebrates addition of new MCI D45 CRT coaches

The new model features an ergonomically designed spiral entryway, curb-level ramp, and second door that opens into a low-entry vestibule.

GILLIG, Cummins to display battery electric bus at APTA Mobility

The bus initially incorporates the standard 444 kWh battery capacity and supports charging interoperability via industry standards.

TfL orders world-first hydrogen double-decker buses to help tackle London’s toxic air

Twenty British-built zero-emission hydrogen buses, from Wrightbus in Northern Ireland, will arrive next year.

FTA announces $423M in bus funding

Projects eligible for this funding opportunity include those that would replace, rehabilitate, lease, or purchase buses and related equipment.

Anaheim Transportation Network to add more BYD electric buses

The order will include 30-, 40-, and 60-foot buses, which will be used by Anaheim Resort Transit.

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