The DRIVE-Safe Act is a new bill introduced in the US Senate that would create a training program for truckers under age 21 to drive commercial vehicles across state lines. The legislation, much like that introduced previously in the House, aims to overcome driver shortages.
Vancouver, British Columbia, saw industrial real estate lease rates rise 29% during the first quarter year over year, making the Canadian city one of the most in-demand areas for logistics and warehouse space, according to CBRE Group. Recent transactions BMW and IKEA have created a tight market in warehouse space, driving up prices.
Walmart's results beat forecasts in the second quarter as traffic grew and shoppers spent more both in stores and online, the retailer reported. US same-store sales rose 4.5% and online sales grew 40%, as consumers spent on apparel, groceries, gardening supplies and other warm-weather gear.
The Colorado Department of Transportation is recommending a toll of roughly 15 cents per mile for the toll lanes on Interstate 25 between Monument and Castle Rock. The rate will be one of the lowest in the country if approved.
North Carolina Transportation Secretary Jim Trogdon recommended revisions to a 26-mile toll lane project on Interstate 77 that include discounts for frequent users, upgrades to the shoulder to increase capacity, and the possibility of converting one lane from tolled to nontolled on a segment of the project. An advisory group had recommended that the state buy out management company Cintra, but Trogdon said doing so is not feasible.
Congestion has decreased "[e]very place where variable tolls have been implemented systemwide," writes Bruce Starr, a Republican who served in the Oregon state legislature. Vehicle fees and gas taxes would not be as effective as dynamic pricing, Starr writes.
Patrick Brockie, chairman of Infrastructure New Zealand, suggests implementing tolling to manage congestion in Auckland and says polling shows support. "Dynamic tolling (which can vary pricing based on traffic flows) allows even greater control over the outcomes our city needs," Brockie writes.
Wisconsin's Democratic gubernatorial nominee, Tony Evers, supports tolling as an option to improve infrastructure in the state. Evers also said he would consider increasing gas taxes.
A city council in the UK has removed tolls for electric vehicles crossing the Itchen Bridge in an attempt to reduce pollution. Electric vehicles account for 1% of traffic, and the move is expected to reduce toll revenue by $40,610 in the first year.