TRENDS AND EXPECTATIONS. A MONITOR OF THE BUS INDUSTRY 1989
This report presents the main findings of a survey commissioned from the Harris Research Centre, to find the views of bus company managers on current issues and developments after deregulation. Telephone interviews (84) took place with 70% of all companies formerly or still in the public sector (with the exception of London buses); 60 interviews were also held with independent bus companies running more that 10 buses. The survey will be repeated at intervals. The chapters cover: 1) background; 2) general conclusions; 3) survey method and sample; 4) impact of deregulation; 5) present company situation; 6) immediate company prospects; 7) company prospects over two years; 8) longer term expectations for the bus industry, and 9) company planning. Conclusions suggest general satisfaction with the effects of deregulation on operating efficiency, and with levels of service in urban, though not rural, areas. The industry seems to have retained much of its traditional operating environment, and is anticipating some increase in competitive activity over the next 2 years. Return on capital averages at about 10%. Some diversification is occurring and restructuring through amalgamation is expected over the next 5 years. Strategy plans are common, as is the use of computers. (TRRL)
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Corporate Authors:
Peat Marwick Mclintock Publications Limited
1 Puddle Dock
London, England - Publication Date: 1989
Media Info
- Pagination: 24 p.
Subject/Index Terms
- TRT Terms: Buses; Competition; Deregulation; Economic growth; Economics; Operating costs; Public transit
- Uncontrolled Terms: Growth rate
- ITRD Terms: 1272: Bus; 235: Competition; 144: Deregulation; 255: Economics; 265: Growth rate; 221: Operating costs; 143: Planning; 744: Public transport
- Subject Areas: Economics; Planning and Forecasting; Public Transportation;
Filing Info
- Accession Number: 00497668
- Record Type: Publication
- Source Agency: Transport Research Laboratory
- Report/Paper Numbers: No. 2600; 304650
- Files: ITRD, TRIS
- Created Date: Sep 30 1990 12:00AM