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