China is increasing its use of public-private partnerships for infrastructure projects. In 2015, 11 toll road projects, worth $10.3 billion, piloted the P3s, and as of April 2016, $667.6 billion had been invested in P3 projects around the country.
The Hampton Roads Bridge-Tunnel in Virginia could be widened from four to six lanes, after the Hampton Roads Transportation Planning Organization approved the measure. The project, which likely would include high-occupancy variable toll lanes, could cost $4 billion, but the Commonwealth Transportation Board must still approve it.
Jakks Pacific, the fifth-largest US toy supplier whose popular toys include Star Wars action figures, has stopped sales to Kmart stores, sources said. Jakks suspended shipments to a "major U.S. customer that is experiencing challenges," CEO Stephen Berman said Thursday, without naming the retailer.
Presidential candidate Hillary Clinton's supply chain plans include a Manufacturing Renaissance Tax Credit and a $10 billion investment to link various parts of the US supply chain, building on regional strengths. Donald Trump's plans include reducing business taxes, scaling back federal regulations and allowing US-based manufacturers to fully expense new equipment and plant costs.
Tesla Motors will equip new models with fully self-driving technology. Most of the car's autonomous driving system will be in shadow mode pending approval by regulators, but Tesla CEO Elon Musk said the technology will allow "full self-driving capability at a safety level substantially greater than that of a human driver."
The US Department of Transportation plans to create a 15-member committee made up of industry leaders to gather data and make recommendations on transportation automation issues. "This committee will help determine how, when, and where automated technology will transform the way we move," US Transportation Secretary Anthony Foxx said.
Germany currently tolls trucks on about 9,320 miles of road, but it plans to add about 24,850 miles to that to help pay for infrastructure improvements in the country. Jenoptik's Traffic Solutions division has won a contract to supply as many as 600 toll collection systems with optical and tracking sensors to implement the program.
Bids are being taken for the sale of the Macquarie Atlas' M6, a tolled road in Birmingham, England. Spanish operator Abertis, Australia-based CP2 and Canada-based Roadis have been shortlisted as candidates for the sale; the price is expected to approach $2.53 billion.
Denver and Pittsburgh, finalists in the US Department of Transportation's Smart City Challenge, have received a combined $16.8 million in Federal Highway Administration grants. Denver will fund three projects, including a traffic management center, while Pittsburgh will beef up its "Smart Spine" corridors with sensors and other technology.
Amazon's sales make up 15% of the US consumer online sales, according to the Department of Commerce and Amazon statements, but with its volume of third-party sales, that number could be as high as 30%. When third-party sales are included, Amazon accounts for as much as $125 billion annually in online consumer purchases in the US.
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