The first edition of the Moving World Report examines supply chain innovation now and in the future. [Credit: Jim Allen/FreightWaves]
Key Takeaways:
The mobility industry is experiencing rapid growth and significant venture capital investment, attracting over $375 billion since 2013 and being likened to a "second internet" for physical goods and people, despite a recent market correction in 2022.
Key challenges facing the sector include the transportation industry's massive environmental impact (a leading source of global emissions), critical pilot shortages in aviation, and substantial hurdles for electric vehicle adoption, such as lithium shortages and an unprepared electricity grid.
The industry is actively pursuing innovative solutions and future frontiers, including sustainable aviation fuels, advanced air mobility (electric, hydrogen, autonomous drones), EV battery recycling, and long-term possibilities like hypersonic travel and lunar cargo mobility.
Editor’s Note: This infographic originally appeared on FreightWaves.com.
Just about any time a new, groundbreaking technology takes off, comparisons to the internet are inevitable and seldom warranted. The smartphone industry, for example, could be considered a case of the latter.
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Jack is a staff writer covering advanced air mobility, including everything from drones to unmanned aircraft systems to space travel—and a whole lot more. He spent close to two years reporting on drone delivery for FreightWaves, covering the biggest news and developments in the space and connecting with industry executives and experts. Jack is also a basketball aficionado, a frequent traveler and a lover of all things logistics.