Transformational Technologies Reshaping Transportation - An Academia Perspective
This paper and the associated lecture present an overview of technology trends and of market and business opportunities created by technology, as well as of the challenges posed by environmental and economic considerations. Commercial vehicles are one of the engines of our economy. Moving goods and people efficiently and economically is a key to continued industrial development and to strong employment. Trucks are responsible for nearly 70% of the movement of goods in the USA (by value) and represent approximately 300 billion of the 3.21 trillion annual vehicle miles travelled by all vehicles in the USA while public transit enables mobility and access to jobs for millions of people, with over 10 billion trips annually in the USA creating and sustaining employment opportunities.