08 Dec Wisconsin Panel OKs Updates to Highway Near Madison MADISON, Wis. — A state commission on Dec. 8 approved roughly $174 million in updates to an 18-mile stretch of highway near Madison. Read more...
08 Dec FMCSA Drug Clearinghouse Records 46,000 Violations in First 10 Months Nearly 46,000 driver drug-related violations have been recorded in the federal Drug and Alcohol Clearinghouse during its first 10 months of operation. Read more...
08 Dec Tesla Seeks to Raise Another $5 Billion in Stock Offering Tesla is looking to raise up to $5 billion in capital through a stock offering as the electrical vehicle and solar panel maker seeks to take advantage of strong demand for its products. Read more...
08 Dec More Than a Million Americans Will Travel Over Christmas, TSA Says Americans are expected to continue with their travel plans for the Christmas holiday with more than a million air passengers anticipated for the balance of December and into January for the holiday, David Pekoske, administrator of the Transportation Security Administration, said during an aviation event Dec. 8. Read more...
08 Dec AM Radio Transmitter Sites Now Valuable Real Estate for Logistics Industry Sites that for decades housed AM radio towers today command top dollar as e-commerce fuels rising demand for new warehouses and logistics centers. Read more...
08 Dec VW’s Battery Bet Reveals Data Showing Tech Could Top Tesla QuantumScape Corp., a battery startup that counts Volkswagen AG as its largest shareholder, says new data shows its batteries can be charged to as much as 80% of full power in 15 minutes, almost twice as fast as a Tesla Model 3. Read more...
08 Dec Tesla’s German Factory Faces New Snag After Court Halts Logging Tesla Inc. was ordered by a local court to halt tree clearance for its new factory near Berlin after complaints from two environmental groups, potentially disrupting progress in completing the company’s first European gigafactory. Read more...
08 Dec Elaine Chao Discusses Partnerships as Busy Year Draws to a Close Transportation Secretary Elaine Chao credited stakeholders for helping regulators propel the industry forward through a challenging 2020. Read more...
08 Dec Trevor Milton Plans to Remain Top Nikola Owner Post-Lockup Expiration Trevor Milton said he remains committed to his Nikola Corp. holding and doesn’t plan to relinquish his position as its largest shareholder even though a restriction has been lifted, addressing speculation that he could divest of his stake in the company he founded and resigned from. Read more...
08 Dec Comments to Oregon DOT Reveal Concerns Over I-205 Tolls As part of its study on the potential of tolls in the Portland area, the Oregon Department of Transportation will consider 4,644 public comments, the majority of which express opposition to the tolls. Read more...