Urbanization raises a complex set of challenges from moving people around large and congested cities to making sure freight arrives on time. Cities should optimize traffic management and parking systems, improve mobility-as-a-service, and supervise infrastructure and existing asset management. Smart transportation continues to evolve and address these concerns as well as help ensuring the safety of the travelers. Cities with Smart Transportation systems make themselves more desirable as a location for factories, warehouses, and cross docks.
Hunter Harrison, the new CEO of CSX is seeking to turnaround his fourth railway. His operating philosophy is known at “Precision Railroading.” The Industrial Internet of Things will undoubtedly play a role.