Their adoption is one variable affecting the future of oil demand and carbon emissions.Dec 19, 2019 - Energy & Environment
Changes in transportation are changing society at a level we haven’t seen in over 200 years.Dec 4, 2019 - Economy & Business
American farmers are struggling to safely use the roads that cut through their fields; decades of neglect and lack of funding have made the routes dangerous.
The big picture: President Trump has long promised to invest billions in rural infrastructure, and his latest proposal would allocate $1 trillion for such projects. Rural America, where many of Trump's supporters live, would see a large chunk of that money.
Transportation and energy upgrades are expected to be the big drivers of smart city spending over the next decade.
Why it matters: Global spending on smart city projects will reach nearly $124 billion this year, an 18% increase over 2019, according to IDC, a market research firm.
Ride-sharing companies aren't the traffic solution they'd once hoped to be, the Wall Street Journal reports.
The big picture: "Multiple studies show that Uber and Lyft have pulled people away from buses, subways and walking, and that the apps add to the overall amount of driving in the U.S.," per the Journal.
This week I'm driving the 2020 Hyundai Sonata, a car that purports to park itself.
Reality check: The heavily advertised "Smaht Pahk" feature has limited capability. Sure, it can pull itself head-on into a tight parking space and back out too, but that's about it.
Analysts at the New York Fed expect the all-out production stoppage on Boeing's 737 MAX will have a sizable negative impact on U.S. growth this year.
State of play: The decline will produce a 0.4% decline in GDP growth, the NY Fed's Julian di Giovanni finds.
Lawmakers working to speed a federal framework for autonomous vehicles into law face a key obstacle that stymied previous attempts: who gets sued in collisions.
The big picture: Manufacturers and tech companies want federal rules of the road for their roll-out of self-driving vehicles. But trial lawyers, a powerful lobby, want key questions on liability in a driverless world answered before legislation advances.
North American rail traffic continued to decline in January, with U.S. rail carloads dropping by 5.9%, or 73,110 carloads, year over year, according to the latest report from the Association of American Railroads (AAR).
Why it matters: It was the 12th straight month of decline, and both major rail shipments — coal (down 13.8%) and grain (down 11.6%) — had what AAR termed "lousy Januarys," accounting for a decline of 68,790 carloads for the month.
British Airways on Sunday flew the fastest-ever New York to London subsonic flight, completing the 3,451-mile trip in 4 hours and 56 minutes as Storm Ciara barreled toward the U.K., according to Flightradar24, a flight-tracking service.
The big picture: The Boeing 747 aircraft arrived at Heathrow airport in Longford, England, almost two hours earlier than scheduled, and reached a top speed of 825 mph during the flight.
The Justice Department has dropped its antitrust inquiry into four major automakers — Ford, VW, Honda and BMW — that struck a deal with California to boost emissions standards in defiance of White House plans to relax existing rules, the New York Times reported Friday and Axios later confirmed.
The big picture, via Axios' Amy Harder: This is a victory for California in a war against the Trump administration on multiple legal and policy fronts. Another one we're watching is how the administration's lawsuit against California's cornerstone climate policy shakes out.
While Tesla shares went into Ludicrous Mode this week, GM executives were on Wall Street pitching investors on their own vision of an electric, self-driving future. But as Bloomberg notes, the market isn't buying.
Why it matters: GM may be investing billions to transform its business for the future, but to many investors, Tesla's lead in the fledgling electric vehicle market is seen as insurmountable.