ECONOMIC AND POLICY CONSIDERATIONS OF ADVANCED PUBLIC TRANSPORTATION SYSTEMS (APTS). ASSESSING THE ECONOMIC FEASIBILITY OF APTS. FINAL REPORT
This report provides a description and discussion of Advanced Public Transportation Systems (APTS) technologies, and then focuses on methods for assessing the economic feasibility of implementing these technologies. Three evaluation techniques are presented, including a general assessment, an alternative investments analysis, and a breakeven analysis. First, a general assessment is presented which provides a breakdown of costs collected for seven APTS technologies, including automatic vehicle location (AVL), automatic passenger counters (APCs), advanced fare payment media, computerized telephone information systems, computerized dispatching/scheduling, passenger information displays (PIDs), and annunciators. This is followed by the identification and qualitative assessment of the potential benefits of these technologies. Second, an alternative investments analysis was developed and is designed to analyze the potential impacts of using proposed APTS funding for more traditional transit investments, such as an increase in the level of service, a reduction in the average fare, or an expansion of traditional marketing activities. Third, a breakeven analysis (developed by Morlok, et al. in 1991) is presented and updated using fiscal year 1992 national transit statistics to estimate the reduced number of buses and/or revenue miles necessary to break even on an investment in an Automatic Vehicle Location (AVL) system that includes advanced communications capability. In addition, the analysis is extended to estimate some of the external benefits that potentially could result from the implementation of an AVL system.
- This study was supported by a grant from the U.S. Department of Transportation's University Research Institute Program.
University of South Florida, TampaCenter for Urban Transportation Research, 4202 East Fowler Avenue
Tampa, FL United States 33620-5375
- Ball, W L
- Publication Date: 1994-10
- Features: Appendices; Figures; References; Tables;
- Pagination: 83 p.
- TRT Terms: Advanced public transportation systems; Alternatives analysis; Assessments; Automatic fare collection; Automatic vehicle location; Benefits; Costs; Dispatching; Economic analysis; Fare collection; Feasibility analysis; In vehicle annunciators; Passenger counting; Passenger information systems; Signal devices
- Uncontrolled Terms: Automated passenger counters; Breakeven analysis
- Old TRIS Terms: Advanced fare payment; Computerized telephone information systems
- Subject Areas: Economics; Finance; Operations and Traffic Management; Public Transportation;
- Accession Number: 00675225
- Record Type: Publication
- Report/Paper Numbers: NUTI93USF5.2
- Contract Numbers: DTRS93-G-0019
- Files: TRIS
- Created Date: Mar 8 1995 12:00AM