28 Jul
Americans ditching the car
NEW YORK (CNNMoney.com) — Americans drove 9.6 billion fewer miles in May compared with a year earlier, according to a report Monday from the Federal Highway Administration. “We have seen the longest decline in vehicular miles traveled since we started collecting this data,” said U.S. Transportation Secretary Mary E. Peters in a conference call with reporters. Peters said that in the first four months of this year, Americans traveled 40.5 billion miles less compared with the same period in 2007. She said the decline in usage means less tax revenue for highway system. Many of these commuters are flocking to trains, buses and bikes, or telecommuting from home. More
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