Transport agencies that had the foresight to switch to automated transit fare collection are expected to enjoy more financial rewards by the year 2022 as expert analysts predict a compound annual growth rate (CAGR) of 13.2% and a total market revenue of $ 10.2 billion.
Compared to other advanced countries, America’s public transportation woes undeniably have no contest. According to the survey conducted by the private group, Natural Resource Defense Council (NRDC), more than 80 percent of Americans live in cities and suburbs. From this number, only 5% are more than willing to use the public transportation everyday while 61% of Americans have not even tried using the public transportation—ever.
It is a given that much of today’s economy heavily depends on the transportation of goods and services. A minute of transportation delay can mean a significant loss on the country’s GDP in general, which in turn imparts a negative ripple effect on companies and their employees.
You might think this is all an exaggeration, but many studies conducted by both the government and private sectors point out the staggering consequences of transportation delays. The problem is not limited to land, however, even sea and air freights are affected by not having a good transportation management system in place.
According to Transportation for America, baby boomers are among the most marginalized sectors of the society when it comes to access to affordable and efficient modes of transportation. Because of the physiological changes to their bodies, they may no longer be fit to get behind the wheel and drive themselves. Because of this, they resort…
If you’re in the transportation industry, then you can look forward to a “steady” year ahead, as no less than Moody’s has predicted a relatively stable outlook. This is great news for big and small transportation companies everywhere, especially because the transportation industry has become a lot more important for mobility in the past decade.
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LOS ANGELES DEPARTMENT OF TRANSPORTATION (LADOT): AUTOMATING VOUCHER PROGRAMS FOR THE ELDERLY & DISABLED WITH TAXICARD FARE COLLECTION TECHNOLOGY
TAXICARD PROGRAM CASE STUDY: HOW THE LOS ANGELES DEPARTMENT OF TRANSPORTATION (LADOT) SAVED TIME & COSTS WITH TAXICARD This case study explores how MJM Innovations’ TaxiCard® TaxiCard program delivered cost-saving automated fare collection to LADOT’s CityRide voucher program for elderly and disabled residents. If you’d like to learn how MJM’s taxi card service solutions can…
CAPITAL AREA RURAL TRANSPORTATION SYSTEM (CARTS): STREAMLINING SERVICES & CUTTING COSTS WITH PUBLIC TRANSPORTATION SOFTWARE & HARDWARE TECHNOLOGY
PUBLIC TRANSPORTATION SOFTWARE CASE STUDY: HOW THE CAPITAL AREA RURAL TRANSPORTATION SYSTEM (CARTS) IMPROVED & STREAMLINED SERVICES This case study explores how a Texas transportation system used MJM’s public transportation software, hardware and management solutions to streamline and improve its services. To learn how MJM’s proven solutions can make a difference in your transportation organization’s…