Technical Perspective: Finding the Sweet Spot Amid Accuracy and Performance

The field of transportation and logistics has witnessed fundamental transformations in the last decade, due to the convergence of seemingly unrelated technologies. The fast pace of innovations has been particularly striking for an industry that had been relatively stagnant for a long time. Taxi services were born in England where a public coach service for hire was first documented in 1605. The Hackney Carriage Act, which legalized horse-drawn carriages for hire, was passed in Parliament in 1635, and a similar service was started in Paris in 1637. Public transit was invented by Blaise Pascal in 1662 through a service known as the "carriage," which was quite popular and operated for 15 years.