Consumers Use Bike Sharing, Car Services Like Uber, Light Rail and Ride Sharing to a Growing Extent, Business and Industry Trends Analysis

Cycling, both as a means of recreation and as a means of transportation, has grown dramatically.  Cyclists who pedal to work are also proliferating.  Bicycle sharing systems are responsible for part of this growth, both in the U.S. and in other parts of the world, but many of these new services are off to a shaky start financially.  In some cases, operating costs have been higher than expected, in others equipment losses have been high or ridership has been low.  Nonetheless, local governments are generally very supportive of encouraging this emissions-free, exercise-inducing form of transportation. Advertising firm JCDecaux backs a…

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