Bus and train systems habitually run at a loss. But public-transit agencies could lower costs and raise the quality of service by emulating best practices from around the world.
Editor's Note: there is no real management learning value in this article, but if, like me, you have ever used the public transportation facilites around the world, you might find it an interesting read just the same.
Subject(s): Miscellaneous, Industry Specific
Industry: Transportation
Source(s): The McKinsey Quarterly
Author(s): Martin Jörss, Daniel E. Powell, Christoph Wolff
Posted: 2005-11-22
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