Robert Fulton's North River Steamboat, also known as the Clermont, set off on its maiden voyage from New York City to Albany, New York, on the Hudson River. This significant moment is often regarded as the start of commercial steamboat operations in the world. Fulton's Clermont demonstrated the viability of steam-powered vessels, catering to passengers and freight, which greatly improved travel times compared to traditional sailing vessels. The approximately 150-mile journey took about 32 hours, a remarkable feat at the time, which showcased the advantages of steam over wind power.

The North River Steamboat was not just a technological marvel; it also held economic importance. It provided a reliable means of transport that allowed goods to move more swiftly between important commercial hubs. Before this innovation, river transport relied heavily on sailboats, which were subject to wind conditions. Fulton's success encouraged investments in steamboat construction, leading to a boom in this mode of transportation.

Fulton's venture also sparked interest in the potential for steam engines in larger vessels, leading to wider applications in the shipping industry. Furthermore, this inaugural trip laid the groundwork for the expansion of steamboat travel across the United States, influencing the development of river trade and interstate commerce. Fulton's work highlighted the importance of innovation in transportation technology and its capacity to transform economies.