SOME FACTORS AFFECTING DAILY PROFITS OF COMMERCIAL MOTORCYCLES IN AKURE, NIGERIA
land use - planning, ridership - drivers, economics - profitability, economics - profitability, place - urban, mode - mass transit, mode - bike
Urban transportation policy, Urban transportation, Transportation planning, Transit, Public transit, Profitability, Passenger transportation, Nigeria, Motorcyclists, Motorcycle riders, Motorcycle operators, Motorcycle driving, Mass transit, Local transit, Intracity transportation, Commercial drivers
A major factor responsible for the continuous prominence of commercial motorcycles in Nigeria is the relentless drive by operators to make good profits everyday. Planning considerations designed to improve this mode of public transport will not succeed unless they adequately recognize factors affecting operators' daily profits. This paper estimates some factors that affect profits of commercial motorcycles in Akure, Nigeria. Empirical estimates show that factors significantly affecting daily profits of Nigerian motorcycle operators include: the number of passengers that can be carried at one time; the various daily traffic-related problems they go through; and the average time spent on a trip. Other important factors include ownership of machines and peak hour operations. Some policy implications of the findings are discussed.
Fasakin, J. (2001). SOME FACTORS AFFECTING DAILY PROFITS OF COMMERCIAL MOTORCYCLES IN AKURE, NIGERIA. Transport Policy, Volume 8, Issue 1, p. 63-69.