Transit vehicle

Public transport (also known as public transportation, public transit, or mass transit) is a shared passenger-transport service which is available for use by the general public, as distinct from modes such as taxicab, carpooling, hired buses, and transportation network companies, which are not shared by the general public without private arrangement.

Public transport modes include city buses, trolleybuses, trams (or light rail) and passenger trains, rapid transit (metro/subway/underground etc) and ferries. Public transport between cities is dominated by airlines, coaches, and intercity rail. High-speed rail networks are being developed in many parts of the world. Most public transport runs to a scheduled timetable, with the most frequent services running to a headway (e.g.: "every 5 minutes" as opposed to being scheduled for any specific time of the day). Share taxis offer on-demand services in many parts of the world, and some services will wait until the vehicle is full before it starts. Paratransit is sometimes used in areas of low demand and for people who need a door-to-door service.

There are distinct differences in urban public transit between Asia, North America, and Europe. In Asia, mass transit operations are predominantly run by profit-driven privately owned and publicly traded mass transit and real estate conglomerates. In North America, mass transit operations are predominantly run by municipal transit authorities. In Europe, mass transit operations are predominantly run by both state-owned and private companies. Public transport services can be profit-driven by use of pay-by-the-distance fares or funded by government subsidies in which flat rate fares are charged to each passenger. Services can be fully profitable through high ridership numbers and high farebox recovery ratios, or can be regulated and possibly subsidized from local or national tax revenue. Fully subsidized, zero-fare (free) services operate in some towns and cities.

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