Analysis of different bus transit contracting regimes

Travel is an essential part of everyone’s life today. Sustainable travel options that optimize utilization of our depleting resources are a key towards sustainability of our Earth. Public transportation is one of the major thrust areas through which daily commute can be made economical, efficient an...

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Bibliographic Details
Main Author: Gao, Shuyu
Other Authors: Wang Zhiwei
Format: Final Year Project (FYP)
Language:English
Published: 2016
Subjects:
Online Access:http://hdl.handle.net/10356/67474
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author Gao, Shuyu
author2 Wang Zhiwei
author_facet Wang Zhiwei
Gao, Shuyu
author_sort Gao, Shuyu
collection NTU
description Travel is an essential part of everyone’s life today. Sustainable travel options that optimize utilization of our depleting resources are a key towards sustainability of our Earth. Public transportation is one of the major thrust areas through which daily commute can be made economical, efficient and environment-friendly. Bus transit is the most popular means of public transportation today in most cities of the world. Several measures have been taken to improve the state of bus transit in the past with respect to service design, route design, affordable fare structure, improved level of service etc. such that more commuters are attracted to choose buses over the private car. However, financial unsustainability has been one of the major hurdles for a smooth bus operation in most of these cities. There is a need to understand how different transit markets are affected by their financial operating regimes and propose more sustainable measures. This study investigates the different operating regimes in bus transit viz. nationalized, privatized, contracting regime etc. that have been implemented in different cities w.r.t. different operational parameters of the operators and the regulator while taking into account the commuters’ choice behavior. An overview on the transitions in operating regimes in different transit markets using statistical and financial data with users’ experiences is provided. Case studies demonstrate the suitability of different operating regimes and derive inferences for a sustainable financial planning of bus transit.
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spelling ntu-10356/674742023-03-03T17:16:06Z Analysis of different bus transit contracting regimes Gao, Shuyu Wang Zhiwei School of Civil and Environmental Engineering DRNTU::Engineering Travel is an essential part of everyone’s life today. Sustainable travel options that optimize utilization of our depleting resources are a key towards sustainability of our Earth. Public transportation is one of the major thrust areas through which daily commute can be made economical, efficient and environment-friendly. Bus transit is the most popular means of public transportation today in most cities of the world. Several measures have been taken to improve the state of bus transit in the past with respect to service design, route design, affordable fare structure, improved level of service etc. such that more commuters are attracted to choose buses over the private car. However, financial unsustainability has been one of the major hurdles for a smooth bus operation in most of these cities. There is a need to understand how different transit markets are affected by their financial operating regimes and propose more sustainable measures. This study investigates the different operating regimes in bus transit viz. nationalized, privatized, contracting regime etc. that have been implemented in different cities w.r.t. different operational parameters of the operators and the regulator while taking into account the commuters’ choice behavior. An overview on the transitions in operating regimes in different transit markets using statistical and financial data with users’ experiences is provided. Case studies demonstrate the suitability of different operating regimes and derive inferences for a sustainable financial planning of bus transit. Bachelor of Engineering (Civil) 2016-05-17T04:13:35Z 2016-05-17T04:13:35Z 2016 Final Year Project (FYP) http://hdl.handle.net/10356/67474 en Nanyang Technological University 38 p. application/pdf
spellingShingle DRNTU::Engineering
Gao, Shuyu
Analysis of different bus transit contracting regimes
title Analysis of different bus transit contracting regimes
title_full Analysis of different bus transit contracting regimes
title_fullStr Analysis of different bus transit contracting regimes
title_full_unstemmed Analysis of different bus transit contracting regimes
title_short Analysis of different bus transit contracting regimes
title_sort analysis of different bus transit contracting regimes
topic DRNTU::Engineering
url http://hdl.handle.net/10356/67474
work_keys_str_mv AT gaoshuyu analysisofdifferentbustransitcontractingregimes