Rapid Bus: A Low-Cost, High-Capacity Transit System for Major Urban Areas. Cato Institute. Randal O’Toole. July 30, 2014.
Prompted by federal funding, more than 30 American cities have built or are building new rail transit lines. These expensive lines have debatable value as they put transit agencies in debt and impose high maintenance costs, yet they carry few riders more than the buses they replace and produce minimal, if any, environmental benefits. As an alternative to rail transit, the paper proposes a “rapid bus” system that would offer fast, frequent, and comfortable transportation to most people in an urban area. The paper also estimates the annualized costs of such a system and compare it with the costs of a traditional system of rail supplemented by feeder buses. [Note: contains copyrighted material].
[PDF format, 16 pages, 200.49 KB].