ECONOMIC CHARACTERISTICS OF PRIVATELY OWNED SHARED-RIDE TAXI SYSTEMS

The report presents an analysis of costs, revenues, and investment requirements associated with two privately owned, demand-responsive transportation systems in Davenport, Iowa, and Hicksville, New York. Objectives of this report were: (1) determination of the costs, revenues, ridership characteristics, and benefits of providing public transportation with two privately owned systems; (2) measurement of the economic viability of the different levels of service; and (3) determination of the economic feasibility of combining the transportation of goods and people into a single operation. Primary sources of taxi revenue are identified and driver and vehicle productivity are evaluated. The financial analysis of taxi operations includes both capital costs and operating expenses for each of the four operational areas (vehicles, garage, dispatching, and administrative). A generalized model for predicting shared-riding investment requirements is presented. A comparison of privately owned, shared-ride taxi systems and publicly owned dial-a-bus systems is offered on the basis of cost, investments and revenues.

  • Supplemental Notes:
    • Paper copy also available in set of 6 reports as PB-245 099-SET, PC$27.00.
  • Corporate Authors:

    University of Tennessee, Knoxville

    203 Administration Building
    Knoxville, TN  USA  37996-0700

    Urban Mass Transportation Administration

    400 7th Street, SW
    Washington, DC  USA  20590
  • Authors:
    • Davis, FWJ
    • Heathington, K W
    • Symons, R T
    • Griese, S C
    • Alford, R W
  • Publication Date: 1974-10

Media Info

  • Pagination: 117 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00093018
  • Record Type: Publication
  • Source Agency: National Technical Information Service
  • Report/Paper Numbers: Final Rpt., UMTA-TN-06-0004-74-2
  • Files: NTIS, TRIS, USDOT
  • Created Date: Nov 18 1981 12:00AM