If you thought inflation and fuel efficiency, along with politicians unwillingness to raise gas taxes were the main causes of America's decaying road and bridges, S&P adds another contributing factor—millennial transportation preferences.
Oct 22, 2015 Marketwatch
Joseph Stomberg of Vox has initiated a series of articles on commuting in America, the first based on the issues explaining the domination of the auto, the second on the debate about the driving decline associated with millennials.
May 3, 2015 Vox
Peak VMT reportedly occurred in 2007, but that may not stand long according to updated DOT estimates of 2013 travel. According to the data, Americans drove nearly three trillion miles. Another finding is the large increase in number of vehicles.
Mar 1, 2015 U.S. DOT: Office of Public Affairs
Even as innovations like ridesharing take hold in tech-friendly San Francisco, the percentage of trips taken by personal auto is stuck at just under 50 percent.
Feb 5, 2015 Streetsblog SF
Ben Adler of Grist writes how falling oil prices will affect climate change. Cheaper gas prices may encourage more driving and more truck sales at the expense of hybrid, electric, and fuel efficient cars, but the news may not be all bad.
Oct 31, 2014 Grist
In another example of a struggling toll road attracting no shortage of investors, the poor revenue performance of the San Joaquin Hills Transportation Corridor Agency in Orange County, California has not dissuaded investors, as the returns are high.
Oct 30, 2014 The Wall Street Journal
Millennials are less likely to get driver's licenses, they tend to take fewer, shorter car trips, and they use alternative modes of transportation more than their predecessors. The question for the ages is why.
Oct 15, 2014 The Washington Post - Wonkblog
It wasn't supposed to go this way. When Indiana leased the state's namesake, but failing, 157-mile toll road for $3.8 billion to an Australian-Spanish consortium in 2006 for 75 years, analysts predicted a handsome return for investors.
Sep 22, 2014 Chicago Tribune
Keith Laing of The Hill breaks the news that two influential Republican U.S. Senators predict that the federal gas tax is on its "last legs." It will be replaced with an (unnamed) user fee when the current transportation funding bill expires May 31.
Aug 25, 2014 The Hill
The Great Recession ended in the summer of 2009. Unemployment has fallen and consumer spending has risen, as have most economic metrics save one: vehicle miles traveled. There is a list of reasons why VMT hasn't risen, and perhaps won't.
Aug 25, 2014 Fortune