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Public Transportation in the US
IBISWorld, April 2009, Pages: 38
This industry is part of the Transportation sector in the US. Firms within the industry provide local and suburban public transportation over regular routes and on regular schedules. The five most common means of transportation provided by this industry are: buses, subways, light rail, commuter rail, and trolley buses. This industry does not include: Demand Response transportation (also called para-transit or dial-a-ride (see NAICS 48532), Taxi transportation (see NAICS 48531), school or employee bus charter (see NAICS 48541), Charter buses (see NAICS 48551), or Ferryboats (see NAICS 48311). This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
The concentrated route
This heavily regulated and relatively concentrated transport industry is set to remain, as the level of fare tariffs may change, many other factors that determine demand (and revenue) evolve only slowly - such as demographic changes. Further, even such things as changing attitudes to public transport may take years to significantly affect this evolving growth industry. As such, volatility is rather low, but certainly not lacking in the technology department with hybrid models released in favor of the old environmental hazards.
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