July 12, 2010

Private Buses Run Cheaper

[From article]
"And a small private bus company will initiate service along three dropped express routes into lower Manhattan. The economics here are an eye-opener: It cost the MTA $19 per passenger on one of those routes, but the fare was $5.50 -- with taxpayers subsidizing the rest. The private entrepreneur expects to make a profit charging the same $5.50 with no subsidy."

http://www.nypost.com/p/news/opinion/opedcolumnists/competition_the_key_Vm581zkKVyxrv06DTHn5ZM

Competition's the key

Last Updated: 10:48 AM, July 9, 2010

Posted: 11:39 PM, July 8, 2010

No comments: