Industry News
Transportation
Top stories summarized by our editors
7/22/2021

Mindfulness can be practiced in almost any situation to improve your focus, regulate your emotions, set better goals and be more grateful, writes LaRae Quy. "At its core, mindfulness allows us to observe our interior thoughts and external circumstances with compassion and a lack of judgment, no matter how harsh the reality," she writes.

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SmartBrief/Leadership
7/22/2021

Leadership will always require long-term effort to develop "the full repertoire of the skill set," says Michael Useem, a professor at the Wharton School of the University of Pennsylvania. His recent book profiles such leaders across eras, including Progressive CEO Tricia Griffith and President George Washington.

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Knowledge@Wharton
7/22/2021

The National Highways Authority of India plans to overhaul the 77-mile Chennai-Salem Expressway via Tirupattur, expanding the current two lanes to create a four-lane expressway. Once the work is completed, a toll will be imposed between Chennai and Salem.

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The Hindu (India)
7/22/2021

A vote yesterday gave plans to widen Maryland's Capital Beltway and Interstate 270 a new lease on life, reversing the original decision to nix the project. The toll lane proposal passed a Transportation Planning Board vote by a 28-to-10 tally after bus lane funding was added to the plan.

7/22/2021

Tolling on Interstate 680's 11-mile express lane from Martinez to Walnut Creek, Calif., will begin in August. Dynamic tolls will be in effect on weekdays between 5 a.m. and 8 p.m., with concessions for multiple occupancy vehicles, buses, motorcycles and clean-air vehicles.

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Patch
7/22/2021

Senate Republicans filibustered to block a procedural vote to advance the nearly $1 trillion bipartisan infrastructure bill as they sought more time for review. However, the bipartisan group behind the bill expressed confidence the package would move forward in the next few days.

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The Associated Press
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Senate
7/22/2021

Fitch Ratings has awarded the Grand Parkway Transportation Corporation in Texas an A+ rating for their toll revenue Transportation Infrastructure Finance and Innovation Act loan. The loan is valued at about $605 million.

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Fitch Ratings
7/22/2021

JetPack Aviation has conducted a successful test flight with a small-scale prototype of its Speeder flying motorcycle, a jet-powered spin on a vertical takeoff and landing aircraft. The Speeder will be available in a military/commercial version as well as a recreational version, with pre-orders now being accepted at a starting cost of $380,000.

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dlmag
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JetPack Aviation
7/22/2021

As micromobility gains steam, companies are expanding into subscription services because of the return on investment, ease of scaling and cost per mile, experts say. Subscription services can reduce friction for return customers, who prefer lower, streamlined monthly costs, says Shawn Carolan of Menlo Ventures.

7/21/2021

DHL plans to deploy 4,000 middle-mile drones from Dronamics in Europe that can each carry up to 770 pounds for up to 1,500 miles, with the first one expected in October and the rest to follow through 2030. DHL is also using smaller drones in Germany, China and Tanzania to transport documents, pharmaceuticals and packages over shorter distances.

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FreightWaves, Reuters