AMERICAN PUBLIC TRANSPORTATION ASSOCIATION
Public transportation is an enterprise with expenditure of $55 billion in the United States. There has been a steady growth trend over the past three decades, with long-term economic and social trends (population, energy, public choice) all pointing to an even more prominent future standing. Since 1980, the number of fixed-guideway systems has grown exponentially with a bevy of projects positioned to systems has grown exponentially with a bevy of projects positioned to become the next generation of investment. Investment from all levels of government is on a long-term upward trend, and public support for more and better public transportation, as measured through ridership and public approval of transit ballot measures (a 73 % approval rate over the past 12 years) continues to increase.
This report focuses on issues critical to private investors as they consider investments or future expansion into the public transportation industry. Investment questions typically focus on public transportation financing sources, process, and dependability, finding targets for investments, and funding needs.
About the American Public Transportation Association
“APTA is the leading force in advancing public transportation. APTA members are public organizations that are engaged in the areas of bus, paratransit, light rail, commuter rail, subways, waterborne passenger services, and high-speed rail. Members also include large and small companies who plan, design, construct, finance, supply, and operate bus and rail services worldwide. Government agencies, metropolitan planning organizations, state departments of transportation, academic institutions, and trade publications are also part of our membership.”