Vmt vehicle miles traveled drivers#

Other factors carry more weight behind increases in VMT.Īlong with relatively low and stable gas prices, the broader economic picture cannot be ignored. So far, the research shows that it counts for only a small portion of VMT.Ĭonsultancy McKinsey & Company says that ridesharing makes up only one percent of the country’s total miles traveled, based on data from Uber and Lyft. The full-scale impact of ridesharing is not fully known right now but it is a subject of scrutiny and study.

Vmt vehicle miles traveled drivers#

There are a wide variety of motivations for users of these services, and some drivers work full-time while others are part-time to make extra money. It would be premature, however, to point to ridesharing as a major aspect behind the VMT surge.įor the most part, shared mobility services are confined to urban areas and are used to complement car ownership or other services, such as public transportation or taxicabs. It would be premature to point to ridesharing as a major aspect behind the VMT surge. The number of users of services like Lyft and Uber has accelerated in the past several years, prompting some critics to suggest they are behind increased congestion and growth in VMT. Lower pump prices are not the only reason for increased travel-economic growth and rising household income are also underpinning VMT.Īre ride-sharing services another possible factor behind the boom in VMT? VMT declined in 2008 in the aftermath of the financial crisis and then stabilized through 2014, before steadily rising over the past few years. motorists are forecast to top last year’s record of 3.2 trillion miles in 2017, with the number rising again in 2018, according to the U.S.

Lower costs for traveling by car or truck have motivated consumers to take to the road in record numbers. Vehicle miles traveled (VMT) have soared in recent years, in large part due to weaker oil prices.