07-10-2018, 03:36 PM
(07-10-2018, 03:06 PM)jeffster Wrote: Depending on ridership, they could different size buses too, right?
That could help, but doesn’t make that big a difference because they still need to pay a driver and maintain a vehicle. Also now they have at least 2 different kinds of vehicles, which makes maintenance and route scheduling more complicated.
I would be interested to know to what extent regulation plays a role in this. To some extent regulations protect incumbents, but of course that is irrelevant if the last incumbent is leaving. On the other hand, regulations make it harder for new market entrants, and for existing players to innovate, so possibly the regulations are too complicated and hard to follow. I really have no idea.