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Ohio DOT Greyhound Lines, Inc. February 8, 2008 Intercity Bus Consultation.

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Presentation on theme: "Ohio DOT Greyhound Lines, Inc. February 8, 2008 Intercity Bus Consultation."— Presentation transcript:

1 Ohio DOT Greyhound Lines, Inc. February 8, 2008 Intercity Bus Consultation

2 Rural Feeder Service Greyhound has a strong interest in creating/maintaining successful interline relationships with coordinated rural feeder services. This is demonstrated by our having: -Helped clarify & lower FMCSA insurance levels for rural transportation agencies; -Create a special NBTA “sponsored transit category” with minimal costs & hassles; -Create a special local match option for rural feeder services; & -Effectively worked one-on-one to help establish feeder services February 8, 2007

3 Rural Feeder Service SAFETEA-LU creates new incentives for rural feeder service under state administered 5311(f) program, including: States now plan and consult with ICB industry Feeder service must make meaningful connections New local match option creates financial incentives for feeder services February 8, 2007

4 Rural Feeder Service Coordinated feeder services connections must be meaningful for the traveling public: –Rural feeder services should be fixed schedule –Proper operating authority & insurance –Operated 7 days/week (minimum 5 days/week) –Must not duplicate existing ICB service –Proper ticketing & package express service –Be included in TRIPS database February 8, 2007

5 Rural Feeder Service By FFY09, SAFETEA-LU funding will be approximately $76 million for the support of rural intercity bus service Ohio DOT has $2.84 mm in FFY09 funding SAFETEA-LU funding is now sufficient to create & implement new scheduled feeder bus services in areas of sufficient population density MAX and greyhound.com market and ticket the service nationwide to/from rural origins February 8, 2007

6 Walla Walla-Pasco-Yakima WashDOT sponsored & funded Private-for-profit feeder service operator was secured through RFP (likely to be negotiated for other projects) Greyhound supplies local in-kind match existing intermodal (and other) facilities Serves additional market segments (e.g., airport, local service, etc.) February 8, 2007

7 Walla Walla-Pasco-Yakima February 8, 2007

8 Walla Walla-Pasco-Yakima Greyhound provided $400,000 in-kind match Feeder service operates 3 daily roundtrip schedules connecting with 3 daily Greyhound schedules Local & nationwide ticketing: Greyhound provided internet ticketing software (MAX), printer and keyboard (credit card swipe capability) & feeder provided computer for local sales; feeder can accept interline & telephone sales Ticket agent available at primary feeder service stops Feeder service is the agent in 1-2 locations and will receive a commission from Greyhound for tickets and package express sales in addition to their fares February 8, 2007

9 Charleston-Cincinnati-Toledo For Ohio example, I combined elements of GLI’s and Lakefront’s suggestions Lakefront would operate from Charleston (WV)- Cincinnati Greyhound would maintain Cincinnati-Toledo service Greyhound would supply in-kind match Stops would use existing and new stations February 8, 2007

10 Charleston-Cincinnati-Toledo February 8, 2007

11 Charleston-Cincinnati-Toledo Greyhound could provide up to $621,960 in-kind match Lakefront feeder service would run 1 daily roundtrip with meaningful schedule connections in both Cincinnati and Charleston (such a connection on east and west would likely improve farebox revenue) Lakefront already familiar with Greyhound MAX ticketing system New or existing ticket agents at all primary stops February 8, 2007

12 Charleston-Cincinnati-Toledo Charleston-Cincinnati (Lakefront= Point A to Point B service) –215 miles (1-way) x 2 (1 daily RT) = 430 miles/day –430 miles/day x 365 days/year = 156,950 miles/year –156,930 miles/year x $3.00/mile = $470,850/year –Farebox revenue - $45,000 –Net Deficit = $425,850 Cincinnati-Toledo (Greyhound= Point B to Point C service) –200 miles (1-way) x 4 (2 daily RT) = 800 miles/day –800 miles/day x 365 days/year = 292,000 miles/year –292,000 miles/year x $2.13/mile (50% of $4.25/mile) = $621,960/year Charleston-Toledo (Project=Point A to B to C service) –Total Project Cost = $986,700 –Less farebox revenue = $45,000 (conservative estimate) –Net deficit = $941,700 –5311(f) = $470,850 (50% of net deficit) –In-kind match = $470,850 (50% of net deficit) February 8, 2007


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