The European Investment Bank (EIB) has granted a US$237 million loan to the Renault Group to contribute to R&D for a new generation of batteries and motors for electric vehicles.
Spain’s capital city, Madrid, has awarded Telvent GIT a contract to manage, operate and maintain two of the three most important zones of the capital's traffic light network, involving over 1,600 traffic-light intersections.
University of South Florida researchers have published a report claiming that red light cameras do nothing to improve road safety, directly contradicting a national study by the Institute for Highway Safety that showed a major drop in fatal crashes in cities using red light cameras.
US Transportation Secretary Ray LaHood has expressed doubts that the reauthorisation bill will be passed in the current session of Congress, according to the Innovation Briefs report by Ken Orski.
Siim Kallas, VP of the European Commission and commissioner for transport, and Lui Tuck Yew, Minister for Transport and Second Minister for Foreign Affairs of the Republic of Singapore, have signed a memorandum of understanding (MOU) between the EC and Singapore on co-operation in the field of ITS.
BAE Systems and Caterpillar have signed a long-term supply agreement to collaborate on an energy efficient parallel hybrid propulsion system for heavy-duty trucks.
The US city of San Francisco, and Medellin, Colombia have been declared the winners of the 8th annual Sustainable Transport Award by the Institute for Transportation and Development Policy.
Nine people have been honoured for their outstanding transport research and education work in the United States. The Council of University Transportation Centres (CUTC) presented awards to the students, educators and transport officials at the 15th Annual CUTC Awards Banquet held in Washington D.C.
NIS Glonass, Russia's national navigation services provider, and Siemens have signed a memorandum of understanding to collaborate and implement navigation and road tolling solutions based on Glonass, Russia'’s navigation satellite constellation.
Golden River Traffic, part of Clearview Traffic Group, has renewed a five year contract with Sheppey Route Limited to maintain the road traffic monitoring system on the A249 Stockbury to Sheerness, in the UK.
