Cascade Policy Institute released a report this month that recommends TriMet pursue a pilot program to replace high-cost and low-ridership bus lines with ride-hailing services. The program would be supported by a subsidy funded by the costs saved by eliminating the bus line.
The report, Ride-Hailing as a Solution for TriMet’s High Cost Bus Lines: A Proposal for a Pilot Project, was authored by Eric Fruits, Ph.D., an Oregon based economist and Portland State University adjunct professor.
The proposed pilot program would offer riders point to point service from ride-hailing companies like Uber and Lyft within a ride-hail zone, when and where within the zone would be most convenient to the rider. Doing so would allow passengers to connect to other buses or light rail in the area. The cost of subsidizing 75% of a user’s ride-share fare would be 55% lower than the current cost of operating certain of TriMet’s lower-performing bus lines.
Instead of viewing them as a threat, TriMet should embrace the benefits ride-hailing services offer. Pairing Uber and Lyft with TriMet’s bus services would give riders a convenient and affordable way to commute while saving TriMet considerable money.
Join Dr. Fruits for a discussion about the potential of ride-hailing services to increase transit options for the TriMet service area.
Admission is free, but reservations are required due to space limitations. You are welcome to bring your own lunch; light refreshments will be served.
Cascade's Policy Picnics are generously sponsored by Dumas Law Group, LLC.
Thu Jan. 2412:00 pm - 1:00 pm
4850 Southwest Scholls Ferry RoadPortland OR,US 97225