Ford, which has been investing in its Dearborn, Mich., location as part of its digital business, said driverless vehicles will usher in additional profit, as well as boost company value. "The vehicle business will always be the larger portion, but the digital businesses will not only add earnings power, but they'll be anti-cyclical," said Jim Hackett, Ford's new president and CEO.
Everyone talks about the importance of the big picture, but sweating the details might be more advantageous, writes Michael Hyatt. This attitude extends to whom you hire and how you react to those people's successes or failures.
How people project themselves can signal authority even when they lack the formal title or position, writes Michelle Smith, who shares advice from Jeffrey Pfeffer. "Because you may not see those you hope to influence every day, make sure you're 'on' whenever you are with them," Smith writes.
Traffic on Colorado's E-470 increased 7% in 2016, the fourth straight year of increases. The E-470 Public Highway Authority started a $90 million project last year to widen a stretch of the road from four lanes to six, and it also has future expansion plans.
Kapsch TrafficCom has been awarded a $25 million contract to design, build, operate and maintain a tolling system in Rhode Island that will collect tolls from trucks. The system is expected to net the state $42.3 million per year after paying $2.5 million annually to Kapsch.
The Louisiana Department of Transportation and Development discussed project details for the Jimmie Davis Bridge between Shreveport and Bossier City on Thursday, but the project might not go out to bid until 2020. The agency wants to build a four-lane bridge and is discussing the possibility of tolls to help fund the project, which could cost up to $100 million.
The Illinois State Toll Highway Authority has awarded a $25 million contract to CH2M Hill and Knight E/A to study route options for extending Route 53. The road will be paid for with toll revenue, but the project faces community opposition.
The Michigan Department of Transportation wants to implement connected vehicle technology on Interstate 75, and it has partnered with 3M. The agency is rebuilding 17 miles of the interstate, and the work with 3M will involve adding smart technology to road signs, adding vehicle-to-infrastructure communications and adding advanced markings to the road.
The Indiana Toll Road will open 20 miles of road after a two-and-a-half-month paving project for Memorial Day weekend traffic. The work is part of the 80/90 PUSH project, and the overall project should be completed this summer.
The proposed 710 Freeway tunnel near Los Angeles would finally connect the 710 and 210 freeways, but the idea hit a snag after the Metropolitan Transportation Authority board voted against it. The agency will not provide $700 million in funding for the $3.2 billion project, using the funds instead to fix other problems caused by the 710.
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