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The farebox recovery ratio (also called fare recovery ratio, fare recovery rate or other terms) of a passenger transportation system is the fraction of operating expenses which are met by the fares paid by passengers. It is computed by dividing the system's total fare revenue by its total operating expenses. [1]
A fare is the fee paid by a passenger for use of a public transport system: rail, bus, taxi, etc. In the case of air transport, the term airfare is often used. Fare structure is the system set up to determine how much is to be paid by various passengers using a transit vehicle at any given time. A linked trip is a trip from the origin to the ...
Members of the AVA receive the Fare Box, the monthly newsletter of the AVA. [1] [2] [3] The Fare Box contains advertisements, stories, and information about various tokens, as well as resources to buy, sell, and trade tokens. AVA members are also eligible to join the New Issue Service, which mails new transportation tokens to its members for a ...
General Fare Industries (GFI) was established by General Signal in 1980. [4] [5] GFI merged with Keene in 1981, and acquired the farebox business of Duncan Industries in 1983. [5] In 1990, the company was renamed GFI Genfare. [4] In 1998, General Signal was purchased by SPX Corporation, and GFI Genfare became a subsidiary of SPX. [6]
Fare capping is a feature of public transport fare collection systems. In its most common form, fare capping credits the cost of individual transport fares towards the cost of an unlimited pass . Some trials and proposals of fare capping were conducted in the early 2000s, with the first large implementation in London in 2005.
A ticket box with tickets waiting to be punched in a BEST Bus in Mumbai, India. Manual fare collection is the practice of collecting fares manually (without the aid of an automated machine). "Fare collection" generally refers to the collection of fares in the transport industry in return for a ticket or passes to travel.
An automated fare collection (AFC) system is the collection of components that automate the ticketing system of a public transportation network – an automated version of manual fare collection. An AFC system is usually the basis for integrated ticketing. The inside workings of a Japanese automated fare collection gate, 2015
Fare strike pamphlet against British train company First Great Western. A fare strike is a direct action in which people in a city with a public transit system carry out mass fare evasion as a method of protest. Jumping turnstiles, boarding buses through the back or very quickly through the front, and leaving doors open in subway stations are ...