What a Year

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					                                  Publisher’s Comment                                            Advertiser’s Index
                                  John Hollenhorst Mass Transit’s Publisher
                                                                                                 ADVERTISER ...........................................PAGE

                                                                                                 Alstom Transportation................................... 11

                                                                                                 Apollo Video Technology ................................ 13

                                                                                                 AssetWorks, Inc. ...................................... 2, 40

                                  What a Year                                                    Big Rig Collision ........................................... 33

                                                                                                 Brookville Equipment .................................... 31




 W
                                                                                                 CCI Thermal ................................................. 22
         What a year it has been. Foremost in the news were the stock market freefall,
     a credit crisis as bad as any we’ve seen, the $700 billion bailout, automakers at           Classijet USA Inc. ......................................... 72

     the brink and, of course, the presidential election.                                        Clean Seal, Inc. ............................................ 30
         Change was constant, mostly trending toward difficult times ahead. Fuel prices
                                                                                                 Complete Coach Works ........................... 28, 41
     doubled over the summer, only to come back to around $2 a gallon for regular gas,
     and $2.75 for diesel. Public transportation ridership levels soared as a response           Dedicated Micros ......................................... 27
     to higher fuel costs, with commuters taking a fresh look at their transit options.          ElDorado National ........................................ 21
     Once these new riders made the change to catching a bus or train, many decided
                                                                                                 EuroTech Inc. ................................... 31, 33, 35
     it worked for them and kept the car parked, despite the decrease in gas prices.
     Analysts foresee a return to higher price levels in the near future.                        Fabricated Metals......................................... 36
         Transit agencies, too, have had to adjust to changes during the year, accommodat-
                                                                                                 GMT GmbH .................................................. 35
     ing more riders without increases in budgets or additional equipment. Just as riders
     looked for efficiencies, managers                                                           HDR ............................................................ 42

     sought to wring every ounce of use                                                          Hubner Manufacturing Co. ............................ 26
     from their fleet. No doubt these            Public transportation is                        IBM Software ............................................... 46
     changes will stay in place. Higher
     fuel costs should be budgeted into
                                                 getting the wide-spread                         INIT, Inc. ...................................................... 10

     next year, but it’s going to be an        recognition it deserves for                       Mass Electric Construction Company ............. 34
     especially difficult environment to
     expand 
				
DOCUMENT INFO
Description: As we move into the oncoming year, sure we'll face a challenging economy, but our operations will adapt as they always have. With a new administration in Washington, and federal aid widely viewed as the key to reviving the economy, transit is likely to be included as a key element in an economic stimulus agenda.
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