Academy Lines, Inc.
Hoboken, NJ · NTD ID 20122 · 2024 report year
Academy Lines, Inc. carries 1.1 million passenger trips a year on commuter bus service — making it the 288th-busiest transit operator in the United States. It is based in Hoboken, NJ.
It spends $21.0 million a year running that service, or $18.75 per trip. Its commuter bus service, the largest of its modes, costs $18.75 per rider — 35% below the $28.75 median for the 153 US agencies reporting commuter bus.
Over the 10 years reported, ridership remains 63% below its 2019 level, the last full year before the pandemic, and up 5% on 2023. Fares cover 80% of operating cost.
Service by mode, 2024
| Mode | Annual trips | Operating expense | Cost per rider | vs national median | Farebox | Vehicles |
|---|---|---|---|---|---|---|
| Commuter Bus#7 of 153 nationally | 1,119,788 | $21.0 million | $18.75 | -35% | 80% | 80 |
Ridership, 2015–2024
| Year | Annual trips | Operating expense (2024 $) | Cost per rider (2024 $) |
|---|---|---|---|
| 2024 | 1,119,788 | $21.0 million | $18.75 |
| 2023 | 1,064,165 | $19.6 million | $18.37 |
| 2022 | 940,697 | $18.8 million | $19.95 |
| 2021 | 635,152 | $25.2 million | $39.68 |
| 2020 | 873,175 | $25.0 million | $28.62 |
| 2019 | 3,035,561 | $44.6 million | $14.70 |
| 2018 | 3,281,863 | $48.7 million | $14.85 |
| 2017 | 3,381,370 | $49.5 million | $14.63 |
| 2016 | 3,702,171 | $51.3 million | $13.86 |
| 2015 | 3,777,761 | $52.9 million | $14.01 |
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Ask NTD about Academy Lines, Inc. →Source & method. Figures are from the Federal Transit Administration's National Transit Database (NTD) annual reporting for 2024, the most recent published report year. Cost per rider is operating expense divided by unlinked passenger trips. Farebox recovery is fare revenue divided by operating expense. Ten-year trends are adjusted for inflation to 2024 dollars; single-year figures are as reported. Agencies self-report to the NTD, and reporting practice varies, so figures are best read as comparable in magnitude rather than to the cent.