Industry Research

ABA Releases Updated State of the Industry Report

Posted on March 11, 2009 by LCT Staff - Also by this author - About the author

WASHINGTON, D.C. — The American Bus Association’s ABA Foundation has released an updated version of its economic impact and social benefits report on the U.S. motorcoach industry. It shows that the industry is vibrant despite the economy — and may be benefiting from a travel mode shift because of it. The 2008 Impact Study was authored by research firm Nathan & Associates Inc., and updates previous studies from 2005 and 2006.

Highlights from the study include: • The U.S. motorcoach industry consists of about 3,400 operators and a total fleet of about 33,400 coaches. About four fifths of these operators have fewer than 10 coaches in their fleets.

• The industry provided 751 million passenger trips in 2007, 9% more than the number of certified commercial air carrier enplanements, and 20 times more than Amtrak and commuter rail combined.

• Motorcoach service covers 89% of rural residents while air service covers 70% and intercity rail covers only 42%.

• Tourists purchasing motorcoach services generated $5.6 billion in revenue in 2007, and the industry spent $978 million on new motorcoaches.

• Safety: Among all passenger transportation modes, the motorcoach fatality rate is lowest.

• Green: Motorcoach passenger miles per gallon of fuel are more than twice the fuel efficiency of commuter and intercity rail, and more than four times greater than domestic air carriers and transit buses. Motorcoach emissions of CO2 are lower than any other transportation mode.

Click here for access to the 38-page report.

Source: Jon LeSage, LCT Magazine

View comments or post a comment on this story. (0 Comments)

More News

What's On The Must-Have List For Younger Travelers?

The line between business and leisure travel is blurrier than ever for Millennials.

Global Business Travel Likely To Advance Despite Uncertainty

Many signs show the global economy is improving. Total spending worldwide approached $1.3 trillion in 2016.

Stronger Economy Means Higher Travel Pricing In 2018

GBTA Convention Coverage: Air, hotel, and ground transportation rise on back of inflation, higher oil prices, and emerging markets.

Business Travel Spurs $547 Billion In GDP, 7.4 Million Jobs

GBTA Convention Coverage: Much of the industry's economy heft accrues directly to sectors that serve travelers.

America's Top Business Travel Cities

Factors include number of on-time flights, cost of lodging, reliability of mobile network coverage, traffic congestion levels, and emergency-room performance.

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blog

See More

LCT Store

LCT Magazine - July 2017 $12.95 COVER STORY: * Why These Titans Work So Hard to Give it Away * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close