Public transit as a critical element of our daily commute has always been the backbone of urban mobility. The COVID-19 crisis has had an adverse impact on public transit, however. Ridership in major cities in the U.S., Europe and China is down by 50-90% from pre-crisis levels. Although public transit agencies are now eligible to receive $25B in emergency funding under CARES Act, American Public…
Given the current technological improvements, the means of transportation are changing. Based on the well-known report of McKinsey, about 60% of car trips are less than 8 kilometers (5 miles) and this accounts for as much as 50 to 60% of today’s total passenger miles…