A SYSTEM OF ROUTE COSTING FOR THE BUS INDUSTRY

Within rural areas increased car ownership has reduced the demand for rural bus services, many of which were relatively marginal in profitability even in the peak demand years of the 1930's and early 1950's. The 1968 transport act allows local authorities to subsidise loss making but socially necessary services, with a large amount of additional support being provided by central government funds. The present route costing system has a number of faults which result in costs being relatively arbitrarily allocated. The means that profit or loss on routes may be over or under estimated. The costing system described here works on A depot basis, but may be adjusted to cope with areas where the interworking of vehicles between depots is common. The methods of calculation used are explained in some detail. For ten selected rural bus routes in Wales the profit or loss was obtained using this improved method. They differ considerably from the figures obtained using the national bus company formula. The accounting system outlined would provide a more accurate picture of the profitability of bus routes. /TRRL/

  • Corporate Authors:

    Institute of Traffic Administration

    8 Cumberland Place
    Southampton S012BH,   England 
  • Authors:
    • Willis, E
  • Publication Date: 1974-6

Media Info

  • Features: Figures; References;
  • Pagination: p. 10-14
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00125543
  • Record Type: Publication
  • Source Agency: Transport and Road Research Laboratory (TRRL)
  • Files: ITRD, TRIS
  • Created Date: Apr 21 1976 12:00AM