'The Next Big Thing In Transportation'

Why hasn't Personal Rapid Transit technology not yet found it's natural market?
May 29, 2003, 9am PDT | Abhijeet Chavan
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"The next big thing in transportation may be small. Its generic name is "personal rapid transit (PRT)...nearly every growing American region is waking up to the risk of sticking with an auto-only transportation approach. The explosion of interest in light rail and commuter rail over the last decade suggests that public officials in many metro regions see the need to provide some choices, particularly in the midst of a real estate boomlet back to urban centers.But all these rail strategies have the same problem as broadband in the telecom world – the last-mile gap."

Thanks to Abhijeet Chavan

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Published on Wednesday, May 28, 2003 in Citistates Group
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