Venture capital group Up.Partners has released the first in what will be a series of annual reports on trends in transportation, from advanced air mobility aircraft to road transport and hypersonic and space travel. The Moving World Report is designed to inform investors, entrepreneurs, policymakers, and students, according to Up.Partners co-founder and managing partner Cyrus Sigari. “We’re looking at every facet of mobility and dissecting macro and micro trends,” he said.
Developed in collaboration with Research+Attitude, the Moving World Report identifies passenger and cargo mobility developments that are responding to forces shaping upcoming markets.
One of the most interesting aspects of the report is a chart showing a constant decline in transportation costs from about 1830 to the present. According to the report, sea transport costs have declined by 3.4 percent (negative annual growth rate), rail freight by 2.8 percent, and air freight (since about 1930) by 6.7 percent. “Data is effectively free now,” he said, and if the trend in freight cost continues, “We will be able to move matter without any cost.”
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