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5.5.11

Bus Ridership * USA - As Gas Prices Rise So Does Ones

Inter-city bus ridership continues to climb

New York,NY,USA -Transportation Nation, by Alex Goldmark -May 2, 2011: -- Ahead of the busy summer travel season, inter-city bus ridership continues to climb despite the trio of recent crashes in the Northeast... Robert Schwarz, Executive Vice President of Peter Phe said, “it’s definitely increasing and we’re very optimistic for where it’s going to go this summer.” He added of rising gas prices, “it’s very good for the intercity bus industry” because travel is a discretionary item and habits can change with relative costs... With gas over $4 a gallon, filling up the tank to go to Washington, D.C. can cost $60. You can get three bus tickets for that... MegaBus has been expanding fast in the past few years, so it’s hard to tell how gas prices might affect growth. Dale Moser, COO of MegaBus, said, that comparing ridership to this time last year on the same routes, the growth is “significantly greater” than projected, adding some of that “has to be somewhat related to gas.” He cautioned, they do not ask riders to give the reason they choose the bus over driving when the buy a ticket... (Photo from t3.gstatic: MEGABUS - SkyscraperCity )

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