The rapid rise of Transit Network Companies like Uber and Lyft has sparked a new round of innovations in transportation. While most early TNC success has been in large urban areas, the usefulness of these services for bridging first- and last-mile connections between home, work, and transit outside major urban centers is becoming apparent. A new pilot program in Summit, NJ, a bedroom community to New York City, illustrates an unexpected and important benefit of targeted use of TNCs: parking management.
While transit has principally been considered the realm of the public-sector, new technologies, service providers, and investment models are building the case for private investment in public transportation. The American Public Transportation Association presents a new report that shows the various ways that private investment is becoming more common in public transportation.