Financially constrained Puerto Rico is looking to privatize much of its public services, including highways, waste management and student housing, and it is hosting 800 potential investors for a two-day summit. If the privatization occurs, the US territory could see $5 billion in revenue over three years.
North Carolina Gov. Roy Cooper wants to reduce the tolling burden on an Interstate 77 project and has hired Mercator Advisors to identify ways to change the contract with I-77 Mobility Partners. Solutions could include multiuse discounts, converting some toll lanes to free lanes, terminating or changing the 50-year agreement with Cintra, or buying the toll lanes outright.
Two operations management scholars have developed measurement methods to calculate how the US should invest in transportation and communications networks. The methods can guide leaders to maximize investments in usefulness and value to Americans.
A new street-mapping project could help Oxford, England, better manage its services and eventually lead to the introduction of autonomous vehicles. Oxford Robotics Institute and Oxford City Council are gathering information from road damage to air quality that will be converted into 3D city mapping technology for further study.
Women in manufacturing are looking for mentorship, flexible work, good pay and work assignments, among other wants, according to a study from the Manufacturing Institute, Deloitte and APICS.
Alibaba is approaching property developers near the Silk Road route, where a new rail line connects China to Europe and the UK. The company hopes to locate stock and delivery hubs along the route to facilitate faster movement of products.
Expected growth in vehicle sales, especially in Asia, will continue to outpace the effects of shared mobility worldwide, a McKinsey survey said. While ride-sharing is expected to increase, 63% of US drivers said they prefer using their own cars.
Be more supportive and personable by asking exploratory questions such as "What can we achieve?" or "What can I do better?" writes Joel Garfinkle. These and other statements encourage team members to volunteer their ideas while helping leaders improve.
California recently completed building toll lanes on Interstate 91 and next year will begin a $450 million project to add toll lanes to 14.6 miles of Interstate 15, and transportation official Anne Mayer noted that "[f]rom the beginning, we've identified the 91 as being the top priority and the 15 (is) connected to the 91 so it's the next logical project to address." Also, a $1.4 billion toll-lane project is proposed on 33 miles of Interstate 10 in San Bernardino County.
Wekiva Parkway has won a design-build contract from the Florida Department of Transportation to build 6 miles of elevated toll road over the Wekiva River in central Florida. The $234.5 million project includes three bridges and three wildlife bridges, and construction could begin this year.