Title: The future of transport is here. Are you ready?
Language: English
Type: Blog/Article
Nature: Website
Published: April 26, 2018
Region: Global
Country: Global / Non-Specific
Sector: Transportation
Keywords: Age of Disruption, Transport
Document Link(s):
Document Summary:
Technology is transforming transport with a speed and scale that are hard to comprehend. The transport systems of tomorrow will be connected, data-driven, shared, on-demand, electric, and highly automated. Ideas are moving swiftly from conception, research and design, testbed to early adoption, and, finally, mass acceptance. And according to projections, the pace of innovation is only going to accelerate.
Document Details:
In the best-case scenario, there will be very little incentive for people to own a car, as vehicle ownership will take a back seat to Mobility as a Service (MaaS). Ride-hailing vehicles will more frequently be shared by multiple passengers at the same time, leading to the emergence of semi-public transport systems. Congestion will be relieved: MIT estimates autonomous vehicles could reduce the demand for private vehicles by 80%. Energy demand and GHG emissions could be greatly reduced depending on the rate of adoption of autonomous and electric vehicles. Door-to-door commuting times will be shortened drastically, as new high-efficiency modes come into play.
In the shipping and logistics sector, technology will cut red tape and dramatically reduce the administrative cost of clearing shipments from the producer all the way to the final importer—which today makes up about 20% of the total cost of moving a container.
Updated: December 28, 2023