Thursday, March 19, 2015

Fleet size comes off January's low

Fleet size rebounded slightly after hitting a record low in January. In its February report, Citi Bike says fleet size will remain below average while annual maintenance continues.

One impact  of a smaller fleet is that each bike is getting worked harder. Last February, with a fleet above 5000, rides per bike per day hit a low of 1.5.  This February the fleet was 1500 bikes smaller. Total rides hit a record low and were 40,000 fewer than last February.  But rides per bike rose to 2.17 per day.

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