New York, NY – Alix Abbamonte Public Relations is proud to announce OurBus, Inc. OurBus started a new express bus service between Kendal Park, New Jersey and Midtown Manhattan that is saving up to an hour per day for commuters. OurBus is a technology platform that allows riders to create their own demand-based bus routes that pick up near their homes and drop off close to their workplaces.
“Commuters will no longer have to stop at every intersection all the way down Route 27,” says OurBus co-founder Manmeet Virdi. “After 1-2 stops, our service gets straight on the Turnpike and heads to New York. At commuters’ request, we are also offering a non-stop ride to commuter hotspots in NYC.” Virdi, a longtime commuter and entrepreneur, was inspired to start the business in order to make life easier for his mother, whose commute has only become more difficult and time-consuming with her advancing years.
“OurBus is a point-to-point service. Taking OurBus saves commuters up to an hour every day, allowing them to spend more time at home with their families,” says, OurBus founder Narinder Singh, who comes from a transportation, logistics and technology background, he continues, "Commuters can create a new route by signing up for OurBus. We have already seen growing interest and plan to have 75 routes in coming one year."
The company has reached its 75% occupancy goal ahead of schedule in 7 weeks. Projected annual revenue is approximately $25 million with a profit margin of 15%.
Why use OurBus?
- Commuters create a route, OurBus connects them with charter companies to provide a high-quality commute experience.
- Fares are almost half the cost of the other options available. Working with charter companies with excess capacity, and using the buses for other routes such as airport shuttles or urban routes off-hours, OurBus is able to keep costs down for commuters.
- They ensure that all the charter companies have Department of Transportation numbers, FMCSA registration, proper insurance and authority to carry passengers.
- The coaches have amenities such as Wi-Fi, charging stations, onboard restrooms, and reclining seats.
OurBus, Inc. is a New York-based startup founded by logistics and technology expert and a finance specialist who has commuted from for 20 years. It is a technology platform that will allow commuters, neighborhoods, and municipalities to create their own demand-based bus routes. The company’s first route reached its 75% occupancy goal ahead of schedule in just 7 weeks. OurBus has raised $250K in seed capital from investors as of June 2016.