The $3 billion Yavuz Sultan Selim Bridge, which joins the Asian and European sides of Istanbul, will open Friday. The toll bridge, which has eight vehicle lanes and two rail lanes, is part of the larger North Marmara Highway project.
Startup firm nuTonomy has launched the world's first autonomous taxi service in Singapore. The company, which is working with Singapore's government, is limited to operating in a 2.5-square-mile area, and its taxis have drivers behind the wheel who can control the car if necessary.
FedEx and UPS' average cumulative list rate increases for ground delivery service have been the same over the past 10 years. Shippers comparing prices between the two companies "focus on ground only, giving the carriers more pricing flexibility in other services," said Jack Ampuja, president of Supply Chain Optimizers.
Apple is expanding into the clean-energy business, buying large amounts of hydroelectric, solar and wind power as it seeks to green its operations. However, the company would far prefer to buy clean energy straight from the grid, sustainability chief Lisa Jackson, says.
The US Department of Transportation received tens of thousands of comments related to its proposed rule that transportation projects measure and reduce greenhouse gas emissions and must now determine if it's a reasonable performance standard for such projects. Environmental groups and business organizations are on opposite ends of the debate.
Investment bankers are busy searching Silicon Valley for startups that create technology for connected and autonomous vehicles. Deal fever has intensified, with nearly $75 billion worth of transactions between automakers and suppliers completed in the past two years compared with $18 billion per year in the previous decade.
To address stock-outs, instances when a product a customer wants isn't on the shelf, Target is focusing on improving on-time delivery by its suppliers. To do this, the retailer is working with transportation companies and suppliers to move product through distribution centers faster and reduce warehouse bottlenecks that slow down goods.
Gap's P.A.C.E. (Personal Advancement and Career Enhancement) program is a 65-hour life skills program aimed at seamstresses in its supply chain. The program, which covers problem solving, financial literacy and other areas, has boosted productivity and lowered attrition rates.
Amazon India had higher gross sales in July than Flipkart, possibly surpassing it as the largest online retailer in India, according to a Livemint report. Flipkart disputes the report, which does not include gross sales from Flipkart-owned Myntra and Jabong.
Mercedes-Benz is spending more than $200 million on its self-driving Future Bus, which it hopes to deploy in cities in the next four years without eliminating bus drivers. "On the contrary, the driver's job involves a lot of responsibility, and we want to make this job as easy as we can rather than do away with it," the project's Andreas Mink said.
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