Congestion

Illinois Department of Transportation Awards Bowman-Lochner Team I-80 Corridor Improvement Project in Will County

Retrieved on: 
Friday, August 5, 2022 - 9:42pm

Lochner, Inc. (Lochner) have been selected by the Illinois Department of Transportation (IDOT) to provide construction corridor management for improvements to I-80, one of the countrys three coast-to-coast interstates.

Key Points: 
  • Lochner, Inc. (Lochner) have been selected by the Illinois Department of Transportation (IDOT) to provide construction corridor management for improvements to I-80, one of the countrys three coast-to-coast interstates.
  • This 16-mile corridor through Joliet and Will County carries approximately 80,000 vehicles a day.
  • The Bowman-Lochner team provides a unique combination of corridor management and IDOT Phase III engineering experience, and a solid track record of successfully delivering projects on time and on budget for the State of Illinois.
  • Additional team members include GSG Consultants, Inc., Images, Inc., Peralte-Clark, LLC, Program Management & Control Services, LLC, Princeton Technical Services, Inc. and Tecma Associates, Inc.

Sappi Delivers Record Earnings for the Third Financial Quarter 2022

Retrieved on: 
Thursday, August 4, 2022 - 3:37pm

EBITDA improved to a record US$371 million, up from US$337 million in the prior quarter and US$145 million in the equivalent quarter a year ago.

Key Points: 
  • EBITDA improved to a record US$371 million, up from US$337 million in the prior quarter and US$145 million in the equivalent quarter a year ago.
  • Looking forward, Binnie stated: Notwithstanding inflationary cost pressures, we are anticipating another strong performance in the fourth quarter, with EBITDA below the record levels achieved in the third quarter.
  • Global logistical challenges continued unabated and posed headwinds for our export sales and raw material procurement in all regions.
  • Substantial energy, raw material and delivery cost inflation in the quarter was offset by selling price increases in the paper business.

IMS by Aleph Group, Inc announces a new strategic alliance with Moovit to help advertisers reach users in the right place, at the right time

Retrieved on: 
Thursday, August 4, 2022 - 1:00pm

IMS by Aleph will represent Moovit in Mxico, Argentina, Brazil, Colombia, Chile and Per and help brandsreach on-the-go public transport commuters and drive traffic to their physical stores.

Key Points: 
  • IMS by Aleph will represent Moovit in Mxico, Argentina, Brazil, Colombia, Chile and Per and help brandsreach on-the-go public transport commuters and drive traffic to their physical stores.
  • Introduced in 2012, it has served more than one billion users, in 3,500 cities, across 112 different countries.
  • Through this recent agreement with Moovit, IMS by Aleph can offer Latin American companies the possibility of making native ads in a strategic geolocation application and thus reach new real audiences," announces Ignacio Vidaguren, CEO of IMS by Aleph.
  • "When users plan a trip with Moovit, they discover public and other shared transport options that can take them to their destination.

Global Space Situational Awareness Services Market Report 2022-2032: Analysis of Debris Mitigation, Domain Awareness & Traffic Management Capabilities - Focus on End User, Orbit, & Services - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 4, 2022 - 12:13pm

The "Space Situational Awareness Services Market - An Analysis of Debris Mitigation, Domain Awareness & Traffic Management Capabilities: Focus on End User, Orbit, Service, and Region - Analysis and Forecast, 2022-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Space Situational Awareness Services Market - An Analysis of Debris Mitigation, Domain Awareness & Traffic Management Capabilities: Focus on End User, Orbit, Service, and Region - Analysis and Forecast, 2022-2032" report has been added to ResearchAndMarkets.com's offering.
  • The global satellite launch market is observing rising investment across small satellites in low Earth orbit (LEO), which drives the investments across space situational awareness services.
  • Based on orbit, the global space situational awareness services market is expected to be dominated by the low Earth orbit (LEO) during the forecast period.
  • Based on service, the global space situational awareness services market is expected to be slightly more dominated by mission operation support during the forecast period.

DCPSC approves 15-year renewable energy power purchase agreement for a portion of the District’s default electric service

Retrieved on: 
Wednesday, August 3, 2022 - 7:56pm

This agreement results from the Commissions directive to implement a pilot program to procure renewable energy through long-term power purchase agreements for electricity generated by new solar or wind power facilities located within the PJM Interconnection (PJM) region.

Key Points: 
  • This agreement results from the Commissions directive to implement a pilot program to procure renewable energy through long-term power purchase agreements for electricity generated by new solar or wind power facilities located within the PJM Interconnection (PJM) region.
  • Approving a 15-year agreement for renewable energy for SOS customers is a significant milestone for the Commission, stated Emile C. Thompson, Commission Chairman.
  • The SOS program allows District electric customers to buy default electric power generation services through Pepco rather than from about 45 other competitive, unregulated electricity suppliers.
  • About 86% of residential customers buy Pepco-supplied default SOS power, constituting about 78% of total residential electric utility sales in the District.

Verizon quadruples capacity in fiber network core

Retrieved on: 
Tuesday, August 2, 2022 - 4:00pm

BASKING RIDGE, N.J., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Verizon is supercharging the core of its fiber network by upgrading older router equipment with new equipment, capable of utilizing the latest 400 Gbps per port optical technology.

Key Points: 
  • BASKING RIDGE, N.J., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Verizon is supercharging the core of its fiber network by upgrading older router equipment with new equipment, capable of utilizing the latest 400 Gbps per port optical technology.
  • When the overhaul of the fiber core network (the superhighway Verizon uses to move customers data) is complete, Verizon will be able to manage 115 Tbps of data, the equivalent of almost 24 billion streaming songs, at any given moment.
  • Our fiber network is the largely invisible foundation that is a key driving force behind providing the scalability and reliability our customers need and expect, said Kyle Malady.
  • These automations will make the Verizon network even more reliable, programmable and efficient.

RideAmigos Awarded US Department of Transportation Funding for its Blockchain-Based Commuter Incentive System

Retrieved on: 
Tuesday, August 2, 2022 - 2:00pm

SANTA MONICA, Calif., Aug. 2, 2022 /PRNewswire-PRWeb/ -- Commute management technology leader RideAmigos received Phase I funding by the United States Department of Transportation (USDOT) and Federal Transit Administration (FTA) for research and development of a novel incentivization system designed to optimize utilization of transit and other transportation infrastructure.

Key Points: 
  • SANTA MONICA, Calif., Aug. 2, 2022 /PRNewswire-PRWeb/ -- Commute management technology leader RideAmigos received Phase I funding by the United States Department of Transportation (USDOT) and Federal Transit Administration (FTA) for research and development of a novel incentivization system designed to optimize utilization of transit and other transportation infrastructure.
  • Funding awards are made in two phases, with the possibility of a third phase leading to commercialization and special federal procurement status.
  • "It is encouraging to see the USDOT pursuing this kind of research and development in its work to advance a more equitable, accessible, and inclusive transportation system."
  • Our mobile and web-based commuter engagement solutions combine innovative technology with proven principles of behavioral science to empower everyone to make smarter transportation choices.

US Barge Transportation Market to Reach $39.88 Billion by 2028 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 2, 2022 - 12:28pm

Based on the barge fleet, the US barge transportation market is segmented into the covered barge, open barge, and tank barge.

Key Points: 
  • Based on the barge fleet, the US barge transportation market is segmented into the covered barge, open barge, and tank barge.
  • The open barge segment accounted for a major share in the US barge transportation market in the year 2021.
  • The report segments the US barge transportation market as follows:
    The US barge transportation market analysis on the basis of type is divided into liquid cargo, gaseous cargo, and dry cargo.
  • Based on barge fleet, the US barge transportation market is segmented into covered barge, open barge, and tank barge.

Mitsubishi Electric Building Solutions Delivers 123 Elevators to Large Office Building in China

Retrieved on: 
Tuesday, August 2, 2022 - 2:00am

TOKYO, Aug 2, 2022 - (ACN Newswire) - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Tadashi Matsumoto) announced today that Shanghai Mitsubishi Elevator Co., Ltd. has delivered 123 elevators for JD.com's new Headquarters building *1 for second phase construction.

Key Points: 
  • TOKYO, Aug 2, 2022 - (ACN Newswire) - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Tadashi Matsumoto) announced today that Shanghai Mitsubishi Elevator Co., Ltd. has delivered 123 elevators for JD.com's new Headquarters building *1 for second phase construction.
  • Approximately 15,000 people work in the 19-story building complex consisting of three parts (A, B and C office buildings), including five underground floors.
  • Manufacturer: Mitsubishi Electric Shanghai Electric Elevator Co., Ltd. (MESE)
    - Shanghai Mechanical & Mechanical Industry Co., Ltd.: 52%
    - China National Machinery Import & Export Corp.: 8%
    - Mitsubishi Electric Building Solutions Corporation: 8%
    Company Name: Mitsubishi Electric Shanghai Electric Elevator Co.,Ltd.
  • - Shanghai Mechanical & Mechanical Industry Co., Ltd.: 40%
    - Mitsubishi Electric Building Solutions Corporation: 20%
    Background: A new consolidated subsidiary of Mitsubishi Electric established in April 2022 to take over and integrate the building systems business of Mitsubishi Electric through an absorption-type split into Mitsubishi Electric Building Techno-Service Co., Ltd., a consolidated subsidiary mainly responsible for elevator maintenance and renewal business.

Fibre Channel Industry Association Exhibits Next-Gen Fibre Channel Technologies at Flash Memory Summit 2022

Retrieved on: 
Monday, August 1, 2022 - 8:00pm

MINNEAPOLIS, Aug. 1, 2022 /PRNewswire/ -- Ahead of the first in-person Flash Memory Summit since 2019, the Fibre Channel Industry Association (FCIA) today announced that it will be demonstrating why Fibre Channel is the go-to transport for business and mission critical applications at this year's show as adoption continues to grow.

Key Points: 
  • The FCIA is attending this year's Flash Memory Summit at a time when Fibre Channel adoption shows strong growth.
  • This week in booth #755 at the Flash Memory Summit , the FCIA is conducting a public demonstration highlighting the latest multi-vendor Fibre Channeltechnologies in an end-to-end fabric utilizing NVMe over Fabrics (FC-NVMe) running over Fibre Channel concurrentlywith legacy FCP/SCSI.
  • This year's Solutions Guide provides the latest insights into how Fibre Channel delivers value for organizations, including how Fibre Channel networks deliver more than just speed, and how organizations can learn to succeed with Fibre Channel solutions.
  • FCIA representatives will be on-hand at booth #755 at Flash Memory Summit from August 2-4, Santa Clara Convention Center, Santa Clara, CA.