Management & Operations

APTA: Public transit users save $9,472 annually

Posted on August 21, 2015

GCRTA
GCRTA

A person can save an average of $9,472 per year when using public transportation to commute instead of a car, according to the American Public Transportation Association's (APTA) August Transit Savings Report — a savings of more than $789 every month.

The savings are based on the cost of commuting by public transportation compared with the cost of owning and driving a vehicle, including parking expenses and fuel prices based on current national averages. The national average cost for an unreserved parking space in a downtown business district is $166.26 per month or $1,995 per year, according to the 2012 Colliers International Parking Rate Study, which is the most recent report available. The national average cost for a gallon of regular-grade gasoline is $2.66, as reported by AAA on August 18, 2015.

APTA releases a 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

Prestolite Electric annouces new warranty for Leece-Neville alternators

The Prestolite Power Promise warranty covers manufacturing defects; premature component failure; and more.

MBTA releases plan to advance future capital investments

Projects underway include improving real-time arrival information for subway, bus, and commuter rail trains.

HDR to help manage Capital Metro's proposed transformation

The agency's vision includes short-term enhancements to existing infrastructure, as well as traditional modes of mass transit.

N.Y. Senate passes legislation to add transit dependent NFTA board members

The new appointments could play a major role in shaping NFTA’s future, which includes a possible $1.6 billion light rail expansion.

Metro Transit to improve quality of service, safety on rail systems

Includes adding technology to make riding the bus more reliable and adding new bus routes, which will cost about $1.5 million.

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