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- W755582237 abstract "Private fixed-route transit service will increase in the short term, sources say in this brief look at the advantages and likelihood increased privatization among mass transit providers. Privately supplied transit services can cost 20 percent less than equivalent publicly held organizations, according to a private transit industry source. Similar to low-cost air carriers like Southwest and Jet Blue, competitive private companies find ways to provide acceptable service at a lower price without cutting corners, industry sources say. Such a service is ideal for start-up transit operations in small cities where red tape make state and federal funds hard to secure, says an Illinois transit official. The size of large private companies creates economies of scale in purchasing and maintenance that a smaller, publicly held entity could not achieve, increasing savings. Performance is as good or better than public transit agencies, sources say. The biggest barrier to increased privatization remains hostile workers unions and prohibitive laws that prevent increases in private services. Despite unions and contract laws, cost will dictate the move to private companies, the article states, and today's thin budgets make cost cutting a top priority." @default.
- W755582237 created "2016-06-24" @default.
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- W755582237 date "2004-11-01" @default.
- W755582237 modified "2023-09-25" @default.
- W755582237 title "FINDING A NICHE FOR TRANSIT BUS CONTRACTING" @default.
- W755582237 hasPublicationYear "2004" @default.
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