Industry News
Transportation
Top stories summarized by our editors
10/23/2020

Car-sharing hasn't reduced private car ownership, in part because many cities are too large to make it practical and affordable. Minneapolis and St. Paul, Minn., are trying a public/private model and partnering with a nonprofit, offering electric vehicles for short-term rentals aimed at low-income residents -- with a key feature being that users don't have to return the cars to any specific location.

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Streetsblog
10/23/2020

Logistics real estate investment trust Prologis is seeing both inventory levels and rents increase as retailers restock nationwide, with utilization of its space averaging 84% and some markets such as Central Valley, Calif., and Lehigh Valley, Pa., virtually at capacity. Chief Financial Officer Thomas Olinger said rents have surpassed pre-COVID levels and may continue trending upward.

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Supply Chain Dive
10/23/2020

Amazon has made a new $100 million investment in Mexico, including fulfillment centers in the cities of Monterrey and Guadalajara, a support facility outside of Mexico City and 12 additional delivery stations for a total of 27, to expedite orders to customers. Amazon has also launched its fifth and largest fulfillment center in Brazil.

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Reuters
10/23/2020

When negotiating with a client, ask questions about how your business can solve their problems instead of talking too much about features and money, writes Clint Babcock, and never make concessions without getting something in return. "Hold onto concessions for as long as you can; don't give them up until late in the sales or negotiation process," he writes.

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Great Leadership
10/23/2020

Cash collections begin again Monday at the Lincoln Tunnel and on the upper level of the George Washington Bridge. Cash will be accepted for the next 18 months until all-electronic tolling is implemented.

10/23/2020

Pre-construction activity on the extension of Washington's SR 509 to Seattle-Tacoma International Airport has begun. The $1 billion project is expected to be completed in 2028.

10/23/2020

Indiana Toll Road Concession is partnering with Surf Broadband to provide free online access to more than 7,000 students at Portage Township Schools. The school district transitioned to virtual learning for the first quarter of the 2020-21 school year due to the coronavirus pandemic.

10/23/2020

Only about 19% of the approved $13.6 billion in Highway Trust Fund money will be made available to state Departments of Transportation before the 72-day resolution to prevent a government shutdown expires on Dec. 11. In this article, the total amount approved and actually released to each state is listed.

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Construction Dive
10/23/2020

Scottish Government Minister Marco Biagi has called for congestion tolling on the outer cordon in Edinburgh 15 years after a referendum rejected road tolls. The charge would be limited to the outer cordon ensuring that mainly commuters living outside the city would pay tolls, says Biagi.

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Scottish government
10/23/2020

Tolls collected by Florida's Turnpike Enterprise on the Garcon Point Bridge have been suspended until Nov. 13 under an executive order from Gov. Ron DeSantis. The suspension of tolls was scheduled to expire today, but was extended due to continuing repairs on the Pensacola Bay Bridge.