New technologies are emerging that allow cities to organize their entire ecosystem of transportation, from public transit to car sharing, bike sharing, and taxis. This allows urban consumers to make smarter choices about how to get around, so that they don’t feel like they have to drive their cars everywhere, which contributes to traffic problems, resource issues, and ultimately national security issues.
Innovation in the private sector is not enough to successfully reinvent American transportation networks. Partnership with government that creates the conditions for innovation is essential, both from a funding and regulatory perspective. Government and private sector executives need to work together to facilitate shared success.