Truckload linehaul rates posted an 8.2% increase year over year in April, according to the Cass Truckload Linehaul, and forecasts expect rates to gain at least 6% to 8% this year. Total intermodal freight cost grew 6.6% year over year due to tight truckload capacity and higher diesel costs.
Growing e-commerce, personalization of goods and reduced access to low-cost labor will help propel mobile robot hardware revenues to more than $7 billion by 2022, up from $1.1 billion in 2017, according to a report from Interact Analysis. This includes autonomous mobile robots and automated guided vehicles, with the logistics industry being the fastest-growing vertical market for mobile robots.
Kansas City, Mo., startup Integrated Roadways has partnered with Cisco, Kiewit, WSP and Wichita Concrete Pipe on a smart pavement pilot project in Colorado. The technology created through the project will detect the position of vehicles on the roadway and notify first responders when accidents occur.
Amazon will build a $150 million fulfillment center near Grand Rapids, Mich., which will create 1,000 new full-time jobs, with a $4 million incentive from the state. The facility will be Amazon's fourth in Michigan.
The Washington State Transportation Commission is seeking public input on three tolling options for the Highway 99 tunnel in Seattle. Legislative estimates in 2012 said tolling would need to generate $200 million toward the $3.3 billion cost of building the tunnel, plus operation and maintenance costs for the structure, which is replacing the Alaskan Way Viaduct.
New transportation innovations could help address growing congestion in urban areas, writes Steve Hanley. Autonomous shuttles and ride-hailing services likely will play a role, and public transportation providers in some cities are trying to increase ridership through taxi partnerships to get riders to bus stations, internet-enabled ticketing and electric autonomous shuttles, Hanley notes.
If members of the C-suite align their goals and teams with the company's vision, they reduce redundancy, saving time and improving profits, writes John Mattone. "When employees understand their individual and team goals and how they contribute to overall organizational success, they're more engaged with their work, and more productive," he writes.
The Oklahoma Turnpike Authority decided Tuesday to apply for a low-interest $100 million loan from the federal government to partly fund an extension to the Gilcrease Expressway in Tulsa, Okla. Executive Director Tim Gatz said revenue generated by tolls would be used to repay the loan.
The Florida Express Lanes project is complete with the opening of tolled express lanes today on the Veterans Expressway in Tampa, Fla. Motorists in the new lanes will be required to have SunPasses or other interoperable transponders.