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NC Piedmont vs truck load of bricks
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<P mce_keep="true">[quote user="Dakguy201"] <P>I'm glad the Piedmont is doing well enough to add another train. For regional trains (and perhaps for the LD ones as well) frequency seems to be one of the keys to acceptance by the public. </P> <P mce_keep="true">[/quote]</P> <P mce_keep="true">The average load factor on the Piedmont during FY 2008 was 43.2 per cent per passenger mile. Undoubtedly, the train carried a heavier load on certain days, probably the weekends, but this appears to be a lightly patronized train. The Piedmont lost 11.1 cents per passenger mile before interest and depreciation.</P> <P mce_keep="true">The Carolinian did better. It had an average load factor of 60 per cent and only lost .5 cents per passenger mile before interest and depreciation.</P> <P mce_keep="true">The Crescent, which loses 25.9 cents per passenger mile before interest and depreciation, had an average load factor of 50.9 per cent.</P> <P>Most public transport agencies are reporting a significant decline in the number of their riders for the fourth quarter of 2008. Amtrak has not released its rider figures for the last quarter of 2008 or the first quarter of FY 2009. The decline in public transport ridership is probably due to the significant drop in gasoline prices and the impact of the recession.</P>
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