Transport’s coming upheaval

If you were given a penny for every minute people spent commuting in an average year, you’d have a stack that was 1,433,400 miles high. That’s enough to stretch to the moon and back three times.

In terms of air-travel, US-based businesses spend more on it than any other employee expense. This works out at over $21 billion a year for Fortune 500 companies alone.

As for the average American household, they spend $9,004 on transportation per year. In some locales, this is enough cash for a down payment on a three-bedroom house that will rent for twice your mortgage payment. To all the New Yorkers and San Franciscans reading, this is where you can take a…

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