New Research Says Millions of Dollars Saved Daily When Scheduled Travel Providers Adapt to On-Demand Service Scheduling Based on Commuter and Traff...
CATONSVILLE, MD, July 20, 2021 – Uber and Lyft are popular on-demand ways to travel, but does that mean trains and buses are a thing of the past? Travelers prefer different modes of transportation at different times. So how can all these modes co-exist and do so successfully? New research in the INFORMS Journal Transportation Science has created a model and an algorithm to redistribute transit resources based on commuter preferences resulting in millions in savings.