Asian Infrastructure Investment Bank President Jin Liqun says Canada's $256 million pledge will benefit Canadian infrastructure projects. Canada requires new infrastructure projects to generate revenue through mechanisms such as user fees, including tolls, to attract more foreign investors.
General Motors unveiled its all-electric Buick Enspire concept SUV at the 2018 Beijing International Automotive Exhibition. The vehicle includes a roughly 550 horsepower eMotion powertrain with a battery range of 370 miles that can be recharged to 80% in less than 40 minutes.
Your boss, your co-workers and your vendors are three types of relationships you should periodically review to see where you have influence and what you could do to strengthen those bonds.
Key areas need leaders, but the trend seems to be to give C-suite titles to all of those leaders, which creates bureaucracy, writes Russell Fleischer, an investment partner and former CEO. "Plus, the trickle-down effect can make an otherwise logical org chart look more like a bank's, where everyone's a vice president and titles mean little," he writes.
Completion of a 28.4-mile section of the Triangle Expressway in Wake County, N.C., is more likely since the US Fish and Wildlife Service said the project would not harm two endangered mussel species. The North Carolina Department of Transportation said it will try to keep runoff from the six-lane toll project out of Swift Creek and that it will contribute $5 million to study the mussels.
The Maryland State Highway Administration has held one meeting seeking public input regarding adding toll lanes to Interstates 495 and 270 and plans three more. The state plans to build the projects through public-private partnerships.
Experts say the success of Seattle Mayor Jenny Durkan's plan to reduce congestion and decrease carbon emissions through congestion pricing will depend on multiple factors, including existing policies and public acceptance. John Niles of Global Telematics calls congestion pricing a "perfect solution" and notes that it is "theoretically very sound."
The Michigan Department of Transportation has acquired close to 95% of the property needed to construct the $2.1 billion Gordie Howe International Bridge between the US and Canada. Preparation will cost more than $350 million and will include relocating electric and gas lines.
Tampa, Fla., officials and The Center for Urban Transportation Research at the University of South Florida have signed an agreement to study smart transportation technologies. A Tampa smart transportation experiment already underway provides toll rebates to motorists who agree to install devices in their vehicles to monitor speed, braking distance and other factors.
Germany expects to collect $44.54 billion in semitruck toll revenue through 2022. The amount is higher than previous projections because toll collection has been extended to almost 25,000 miles of federal roads.