Skip to content
Search AI Powered

Latest Stories

newsworthy

Ohio unveils its first smart highway

Road to run on 35 miles along U.S. 33, officials say.

Officials in Ohio cut the digital ribbon today on the state's first "smart road," a 35-mile stretch of central Ohio between the towns of Dublin and East Liberty.

The state will invest $15 million to install advanced highway technology along what it has called the "Smart Mobility Corridor," located on U.S. Route 33. At the conclusion of the event, presided over by Gov. John R. Kasich, a self-driving truck operated by Otto, a unit of Uber Technologies Inc., travelled along the corridor. The truck will be operated on the Ohio Turnpike later this week, state officials said.


The four-lane, limited-access highway will be equipped with high-capacity fiber optic cable to link researchers and traffic monitors with data from embedded and wireless sensors along the roadway, state officials said in a statement. The links will allow for the testing of "smart transportation" technologies on a highway that carries up to 50,000 vehicles per day through rural and urban settings in a range of weather conditions, according to state officials. The data will provide more frequent and accurate traffic counts, weather and surface condition monitoring, and improved incident management, the state said.

"Data collected on this corridor will allow automotive innovators to test and refine jobs-creating technologies that are going to help move people and products more safely and efficiently than ever before," said State Transport Director Jerry Wray.

Installation of sensors and the fiber optic network is scheduled to begin in May and last throughout the summer. The state is partnering with local governments, Ohio State University, and Honda R&D Americas Inc.

The Latest

More Stories

photo of laptop against an orange background

Companies need to plan for top five supply chain risks of 2025

The five most likely supply chain events that will impact business operations this year include climate change/weather, geopolitical instability, cybercrime, rare metals/minerals, and the crackdown on forced labor, according to a report from supply chain risk analytics provider Everstream Analytics.

“The past year has been unprecedented, with extreme weather events, heightened geopolitical tension and cybercrime destabilizing supply chains throughout the world. Navigating this year’s looming risks to build a secure supply network has never been more critical,” Corey Rhodes, CEO of Everstream Analytics, said in the firm’s “2025 Annual Risk Report.”

Keep ReadingShow less

Featured

chart of employment levels in transportation sectors

Unemployment rate stayed flat in December for transportation sector

The unemployment rate in the U.S. transportation sector was flat in December 2024 compared to the same month last year, coming in at 4.3% (not seasonally adjusted), according to the latest numbers from the Bureau of Transportation Statistics, part of the U.S. Department of Transportation.

That number is low compared to widespread unemployment in the transportation sector which reached its highest level during the COVID-19 pandemic at 15.7% in both May 2020 and July 2020. But it is slightly above the most recent pre-pandemic rate for the sector, which was 2.8% in December 2019, the BTS said.

Keep ReadingShow less
frigo-trans truck hauling healthcare cargo

UPS acquires two German healthcare logistics specialists

Parcel carrier and logistics provider UPS Inc. has acquired the German company Frigo-Trans and its sister company BPL, which provide complex healthcare logistics solutions across Europe, the Atlanta-based firm said this week.

According to UPS, the move extends its UPS Healthcare division’s ability to offer end-to-end capabilities for its customers, who increasingly need temperature-controlled and time-critical logistics solutions globally.

Keep ReadingShow less
screenshot of map of shipping risks

Overhaul lands $55 million backing for risk management tools

The supply chain risk management firm Overhaul has landed $55 million in backing, saying the financing will fuel its advancements in artificial intelligence and support its strategic acquisition roadmap.

The equity funding round comes from the private equity firm Springcoast Partners, with follow-on participation from existing investors Edison Partners and Americo. As part of the investment, Springcoast’s Chris Dederick and Holger Staude will join Overhaul’s board of directors.

Keep ReadingShow less
Report: Five trends in AI and data science for 2025

Report: Five trends in AI and data science for 2025

Artificial intelligence (AI) and data science were hot business topics in 2024 and will remain on the front burner in 2025, according to recent research published in AI in Action, a series of technology-focused columns in the MIT Sloan Management Review.

In Five Trends in AI and Data Science for 2025, researchers Tom Davenport and Randy Bean outline ways in which AI and our data-driven culture will continue to shape the business landscape in the coming year. The information comes from a range of recent AI-focused research projects, including the 2025 AI & Data Leadership Executive Benchmark Survey, an annual survey of data, analytics, and AI executives conducted by Bean’s educational firm, Data & AI Leadership Exchange.

Keep ReadingShow less