Millennials are favoring access over ownership, and driving new trends in transportation. Bike
and train, local and inter-city travel, is where all the innovation in transportation is happening.
The instant-success of Citibike in NYC will help create public bike sharing programs around the
world, while for the first time on record, bicycles have outsold cars in Spain.
On rail, Amtrak had its best year ever, driven by the growing success of regional rail in the
Northeast Corridor.
Europe is going big on inter-city rail, London to Amsterdam and Paris to Barcelona high-speed
are becoming reality. Europe's use of high-speed rail continues to grow across the continent
with new lines continuing to open through 2014. The ease of European high-speed rail has
inspired other nations and regions to copy the infrastructure.
In China, transportation has been completely transformed by high-speed rail. The biggest
success will come not in the long-haul, where planes will always win, but in city-to-city
connections where the extra hour or two on land is a fair tradeoff for the hassles of transit to
and from airports and the hassles all travelers have to deal with before and after they fly