Released on October 10, 2013
Saskatchewan Transportation Company (STC) passenger fares will increase by an average of 4.7 per cent beginning October 15, 2013.
The increase is necessitated by the continuing pressures from Greyhound Canada schedule changes in 2011 and 2012. Declines in revenues due to reduced ridership, combined with inflationary pressures on expenses have required STC to look at ways to recoup costs while remaining competitively priced.
The average fare increase per ticket is $1.55 based on an average one way trip of 182 kilometres (113 miles). The increase is intended to generate additional revenue for the company while still keeping fares reasonable for customers. With this increase, STC’s fares will be on par with the western Canadian average fare.
“There have been significant industry challenges since 2011 that are affecting STC’s revenues,” STC CEO Shawn Grice said. “STC has taken a number of steps over the past year to reduce costs and to mitigate these negative impacts. At STC, all of our staff take great pride in our mandate to provide safe, affordable and accessible bus passenger and freight services to Saskatchewan. The small rate increase will help ensure we are able to deliver on this promise.”
STC will continue to offer a variety of promotions to encourage new and repeat riders throughout the year.
The last STC passenger rate increase occurred January 3, 2013.
About STC
The Saskatchewan Transportation Company is a provincial coach company that provides safe, affordable and accessible bus passenger and parcel express services to communities throughout Saskatchewan. www.stcbus.com.
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For more information, contact:
Carli Tejszerski
Saskatchewan Transportation Company
Regina
Phone: 306-787-3212
Email: ctejszerski@stcbus.com