transportation
RXO will add 216 new jobs
Noov. 27. RXO, a high-tech freight transportation broker, is investing $13.7 million more in its Ballantyne operations. It means 216 new jobs over the next several years. RXO focuses on tech-enabled brokered transportation. With proximity to key interstates, rail andd an international airport, Charlotte offers a primo environment for a broker of full-truckload freight. RXO’s […]
Norfolk Southern opens door for discussions on O Line
Oct. 20. By Dave Yochum. Norfolk Southern says it is “willing to consider” discussing opening the O Line to commuter rail between Charlotte and Lake Norman. “We have not decided upon what form such a transaction might take, whether an outright sale of the O Line or some variant of a lease,” Norfolk Southern chief […]
Charlotte’s turbo vote on CRTPO may face test
TRANSPORTATION ISSUES | By Dave Vieser July 13. Efforts to change the heavily weighted voting system employed by the Charlotte Regional Transportation Planning Organization (CRTPO) were officially launched in June when the Cornelius Town Board passed a resolution which urges CRTPO to adopt an unweighted voting structure. Under the proposed system, every municipal entity’s vote […]
Major rail industry firm will move headquarters to Charlotte
July 11. TTX Co., a major provider of railcars and related freight car management services to the rail industry, will move its headquarters to Charlotte, creating 150 jobs. The company will invest $14.5 million in Mecklenburg County. “Designated as the number one state in the nation do to business for the second year in a […]
Industry expert: Gas prices poised to climb
Feb. 1. By Dave Yochum. Retail gasoline prices rose across the United States in 2021 with the average price for regular increasing to $3.01 per gallon nationwide. The average US retail gasoline price began 2021 at $2.25 a gallon. The average price first passed $3 on May 17, after disruptions to Colonial Pipeline operations. When […]
Toyota to build $1.3B battery plant in NC
Dec. 7. Toyota’s new North American battery manufacturing plant will create at least 1,750 jobs and contribute more than $9.5 billion to the North Carolina economy over the next 20 years. “The future of mobility is electrification and the Greensboro-Randolph Megasite is the ideal location to make that future a reality,” said Ted Ogawa, CEO […]
$5.9 million contract for roads in Concord
Aug. 27. The City of Concord has awarded a $5.9 million contract to NJR Group, a New London based asphalt company, to resurface almost 62 lane miles and rehab another 69 lanes miles of roadway. Concord’s Transportation Department staff have developed a new interactive map that shows the location and status of work is scheduled, […]
