financetom
World
financetom
/
World
/
Pandemic cut traffic congestion in most countries last year: Report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Pandemic cut traffic congestion in most countries last year: Report
Jan 12, 2021 11:01 PM

Coronavirus-induced lockdowns caused annual traffic congestion to fall in most countries for the first time in at least 10 years, disrupting long-held traffic patterns like the dreaded morning commute to work, a report released on Tuesday showed.

Congestion declined sharply on the gridlocked roads of crowded cities, including Los Angeles, Bengaluru and Mexico City in 2020, location technology company TomTom said. The pandemic is expected to weigh again on traffic congestion this year, said Nick Cohn, TomTom’s senior traffic expert.

”We’re going to see continued restrictions through the first half of the year, and I think we’re going to see a lot of ups and downs before we’re really getting back to any normal driving patterns and traffic activity levels,” Cohn told Reuters in an interview.

TomTom’s report is based on data from 416 cities in 57 countries. It has published its traffic index for 10 years.

The downturn in congestion in the United States was more prolonged compared with Europe last year because US coronavirus cases stayed relatively high during the summer and early fall, Cohn said.

In the United States, Los Angeles, New York and Miami were the most congested cities, though traffic in each city dropped from 2019 levels by 36 percent, 30 percent and 26 percent, respectively, TomTom data showed.

Overall, Moscow was the most congested city in 2020, but traffic fell 8 percent from 2019. Bengaluru was the most-congested city in the world in 2019, but it fell to sixth in 2020 with nearly a 30 percent of drop in traffic year-on-year.

Traffic in London and Paris was almost 20 percent lower than in 2019, and traffic in Madrid and Rome dropped 35 percent and 29 percent, respectively. Berlin experienced only a 6 percent traffic fall compared with 2019.

Traffic patterns like the daily morning commute to work – a mainstay for decades – could shift because of increased flexibility around remote work for employees, Cohn said. ”In the US, Canada and Mexico, if you look at peak travel patterns, the morning peak seems to have melted away,” he said. ”We have never seen that before.”

Traffic congestion during rush hours last year decreased by 25 percent globally, said Stephanie Leonard, TomTom’s head of traffic innovation and policy.

As more people return to office following vaccine distributions, congestion levels could rise if commuters choose to avoid public transit and drive to office instead, said John Kilduff, partner at Again Capital LLC in New York.

First Published:Jan 13, 2021 8:01 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TSX futures flat ahead of retail sales data
TSX futures flat ahead of retail sales data
Nov 3, 2024
(Reuters) - Futures tied to Canada's main stock index were flat on Friday, as a rise in crude prices was countered by losses in metals, while investors awaited domestic economic data later in the day. December futures on the S&P/TSX index were up 0.01% at 6:10 a.m. ET (10:10 GMT). Canada's energy sector could benefit from higher oil prices as...
CANADA STOCKS-TSX futures flat ahead of retail sales data
CANADA STOCKS-TSX futures flat ahead of retail sales data
Nov 3, 2024
Oct 25 (Reuters) - Futures tied to Canada's main stock index were flat on Friday, as a rise in crude prices was countered by losses in metals, while investors awaited domestic economic data later in the day. December futures on the S&P/TSX index were up 0.01% at 6:10 a.m. ET (10:10 GMT). Canada's energy sector could benefit from higher oil...
Euro zone yields rise after better than expected data
Euro zone yields rise after better than expected data
Nov 3, 2024
* Germany's Ifo index ends four-month streak of declines * Euro zone bank lending continues to rebound - ECB * Moody's to review France's rating, DBRS to review Italy (Updates at 1030 GMT) By Medha Singh LONDON Oct 25 (Reuters) - Euro zone government bond yields rose on Friday as a survey showing better than expected business sentiment in Europe's...
China Property View, Japan Elections Churn Asian Stock Markets
China Property View, Japan Elections Churn Asian Stock Markets
Nov 3, 2024
06:40 AM EDT, 10/25/2024 (MT Newswires) -- Asian stock markets were choppy on Friday, with China-exposed exchanges gaining after a report on improved mainland property sales, while domestic politics tempered the outlook in Japan. Other regional exchanges were also uneven. In Japan, the Nikkei 225 finished off 0.6% as traders eyed pending weekend national elections, and a stronger yen that...
Copyright 2023-2026 - www.financetom.com All Rights Reserved