Post by Steven Dale
Ultimately, the problem with public transit is one of economics. Our current transit systems have no ability to adjust the supply of their inventory levels (seats) to match a given demand (ridership) at a given time of day. Its inventory is completely inflexible:
- Rush Hour: Too much demand, not enough supply.
- Late Night: Some demand, no supply whatsoever (typically).
- All other times: Far too much supply, not enough demand.
The problem is compounded by the unidirectional nature of the demand versus the bidirectional nature of the supply. During the morning commute, riders need to go from Point A to Point B. Point A being home and Point B being some form of central business district, whether that be a financial core or a suburban office park.
But for a standard transit technology to satisfy that need it must move from Point A to Point B and then back to Point A in order to service more riders. Trouble is, that means vehicles and drivers spend fully half their time traversing a route with near empty vehicles which are not generating revenue only additional costs. Too much demand in one direction, too much supply in the other.
So long as transit vehicles are expensive and drivers costly and necessary, these problems won’t disappear.
Solution: Drive down the cost of returning vehicles to origin so that it’s marginal rather than almost half. Far easier said than done.
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