The nation’s transit industry carried about 1 percent more trips and passenger miles in 2014 than in 2013. But to carry that many, industry operating costs grew by 7 percent and maintenance costs grew by 2 percent. For that increase in operating costs, vehicle revenue miles grew by less than 3 percent.
Transit is thus becoming increasingly expensive to operate and maintain per rider: the operating cost of single trip grew from $3.81 to $4.04, a 6 percent increase. Fares, meanwhile, grew by just 2 percent, and the industry as a whole collected just $15.1 billion in fares while spending $42.4 billion on operations, $11.0 billion on maintenance, and $6.0 billion on capital improvements.
These numbers are from the 2014 National Transit Database that the Federal Transit Administration posted last week. The numbers are only tentative, however, as the FTA took the numbers down this week (though some of the data are still available if you know where to look for them–see below). Moreover, a few key spreadsheets were missing from the data that were posted.
