First group sells to US businesses for £3.3bn
British bus company FirstGroup plc is selling its American divisions First Student and First Transit to EQT Infrastructure for around £3.3 billion. It says the sale fully recognises the long-term, strategic value of First Student and First Transit, and the money raised will be used in “addressing longstanding liabilities, ensuring the Group has sufficient means […]
Argentinian transport minister dies in road crash
Argentina’s Transport Minister Mario Meoni has died in a traffic accident about 70 miles)west of Buenos Aires. Reuters reports the accident occurred when Meoni was driving alone during a storm to Junin, his home city. “With his death, Argentina loses a thorough, tireless and honest politician and an exemplary official,” President Alberto Fernández said in […]
Norris praises technology’s role in improving freight efficiency
The President of ITS (UK), Steve Norris, says technology has enabled a host of improvements to the freight and logistics industry, making the sector more efficient, cleaner and safer. The former Transport Minister (pictured) is stepping down as Chair of the intelligent transport society’s Freight Forum after 15 years and made a passionate address at […]
Bosch says AIoT, electrification, and green hydrogen are the way forward
Technology and services company Bosch says combining the internet of things with artificial intelligence, and developing electromobility will allow it to develop new business opportunities on the back of the “profound technological and ecological changes currently occurring”. “Bosch came through the first year of the coronavirus pandemic well,” said Dr Volkmar Denner, the chairman of […]
ITS America Releases Technology Blueprint
ITS America has released its 2021 Technology Blueprint which outlines how technology can transform the US transport system. It promises to deliver a safer, greener and smarter system. “ITS America believes that developing and deploying transportation technologies provides the opportunity to alleviate many of the negative impacts of our transportation system while providing more equitable […]
ERTICO launches pre-Hamburg webinar series
ERTICO-ITS Europe has announced a series of eight webinars that will drive momentum for the ITS World Congress which is an in-person event taking place in Hamburg this October. The webinars, in collaboration with the City of Hamburg and the regions of ITS Americas and ITS Asia Pacific, highlight key themes in mobility and offer […]
Navtech and Oxbotica launch radar solution
Radar manufacturer Navtech Radar and autonomous vehicle software developers Oxbotica have announced an event to launch their radar localised solution for Connected and Automated Vehicles. They say the new product will unlock the full potential of automation with “never-seen-before pinpoint-accurate localisation, everywhere, every time”, delivering accurate localisation for autonomous vehicles in all conditions, everywhere. The companies […]
SWARCO launches MyCity 1.0 – a new urban mobility management software
Transport technology solutions company SWARCO has developed a new urban mobility management software which it says tackles cities’ frequent challenges associated with the rapid urbanisation and related impacts on the environment. It says MyCity 1.0 will also help with the rapid changes in the types of urban mobility and the IT landscape needed to support it. […]
HE and TfL raise theme park concerns
Traffic managers are warning a planned new theme park near the Dartford Crossing in Kent could cause huge traffic problems. The East Anglian Daily Times reports that both Highways England and Transport for London are worried the £3.5 billion London Resort proposed for the Swanscombe Peninsula could have an impact on the Dartford Crossing, and […]
British insurers give driverless capability warning
Insurance companies are warning carmakers and government regulators must spell out the current limitations of self-driving technology otherwise plans to make the UK a world leader could backfire. The news agency Reuters reports that insurers are concerned drivers might equate today’s lower levels of automation with fully self-driving vehicles, potentially causing more accidents in the […]