NEW ORLEANS — No doubt, there will be books and documentaries galore about last week’s Silicon Valley Bank and Signature Bank failures, which rank as the second and third worst in U.S. history. Right now, everyone just wants to know…
NEW ORLEANS — LongueVue Capital, a New Orleans-based private equity firm, announced that it has partnered with Frank Anderson, the president and CEO of RBW Logistics, to recapitalize his business and provide growth capital to fund an expansion throughout the…
BATON ROUGE – From the Southern Rail Commission: On March 14, the Surface Transportation Board announced the approval of the Canadian Pacific Railway’s (CP) acquisition of Kansas City Southern (KCS) freight rail company. The Southern Rail Commission has favored the…
NEW ORLEANS (AP) — Amtrak and the Southern Rail Commission say they will apply for federal funds to study passenger rail service between Meridian, Mississippi, and Dallas and Fort Worth in Texas. The corridor along Interstate 20 would serve cities…
NEW ORLEANS (press release) – The Southern Rail Commission welcomed elected officials and stakeholders from Louisiana, Mississippi, Alabama and Florida to New Orleans for the commission’s quarterly stakeholder meeting. The SRC, along with Amtrak, announced key project milestones for passenger…
NEW ORLEANS — From the University of New Orleans: Researchers at the University of New Orleans Transportation Institute have received a $12 million, four-year federal grant for transit-oriented research and education conducted through the Center for Equitable Transit-Oriented Communities. In…
RESERVE, La. — Port of South Louisiana officials and supporters were all smiles at a March 1 ribbon-cutting ceremony for a stylish new 30,000-square-foot headquarters overlooking the Mississippi river and the dozens of commercial vessels that sail by each day.…
WASHINGTON, DC – On Feb. 28, U.S. Transportation Secretary Pete Buttigieg announced a $500,000 grant for improvements to the Claiborne Overpass through the new Reconnecting Communities Pilot Program, an initiative that aims to “reconnect communities that are cut off from…
BATON ROUGE — From the Louisiana Illuminator: Louisiana has fallen far behind the rest of the nation when it comes to electric vehicle infrastructure, according to a recent study that analyzed the latest U.S. Department of Energy data. However, the…
NEW ORLEANS – The Port of New Orleans and New Orleans Public Belt Railroad will host a procurement contractor’s resource event on Tuesday, Feb. 28 from 10:30 a.m. to 1:30 p.m. at the Port of New Orleans Administration building, 1350…
NEW ORLEANS – Representatives from the Port of Ashdod, located south of Tel Aviv, Israel, and leaders from five Greater New Orleans business organizations have signed a letter of intent to create an innovation embassy. The program was born out…
NEW ORLEANS — From the Blue Krewe: The Blue Krewe has recently added 300 new pedal-assist e-bikes to the Blue Bikes fleet. “Whether you’re here for a good time or a long time, Blue Bikes is the go-to way to…
HARAHAN, La. — From the Jefferson Parish Council: On Feb. 9, the Jefferson Parish Council unanimously passed a resolution calling on the State Bond Commission to support a bond request from the Port of South Louisiana to purchase Avondale Global…
RESERVE, La. — The Port of South Louisiana said it saw an annual increase in tonnage of nearly 10 million short tons of cargo in 2022. The port said it moved a total of 239,257,758 short tons last year compared…
NEW ORLEANS — On Feb. 6, New Orleans business leaders and elected officials competed with the sounds of songbirds and helicopters as they gathered for a sunny outdoor press conference to celebrate the installation of four electric vehicle charging stations…
WASHINGTON, D.C. – From the United States Department of Transportation: On Feb. 1, U.S. Transportation Secretary Pete Buttigieg announced $800 million in grant awards for 510 projects through the new Safe Streets and Roads for All (SS4A) Grant Program, including…
BATON ROUGE (The Center Square) — Public transportation use in Louisiana trails the national average, though its rate remains higher than in many southern states, according to analysis from the Public Affairs Research Council of Louisiana. PAR analyzed federal data…
NEW YORK – On Jan. 31, President Biden and Transportation Secretary Pete Buttigieg announced that the Biden-Harris Administration has awarded $60 million to the Mississippi Department of Transportation to make improvements to the I-10 freight corridor in Diamondhead, Mississippi as part…
NEW ORLEANS (press release)— Finding the baby usually means you buy the next king cake. But with Blue Bikes, searching for Baby Blue could earn you up to 12 months of free rides. With the recently announced Blue Bikes expansion,…
NEW YORK (AP) — Software was a big theme for automakers attending CES 2023 in January. BMW, Stellantis, Volkswagen and a joint venture between Honda and Sony showed off upcoming or concept vehicles that are significantly reliant on computers and…
NEW ORLEANS – Visitors to New Orleans City Park who drive electric vehicles can now use three free charging stations. Entergy New Orleans has installed an EV charging station at the Bayou Oaks at City Park Driving Range on Filmore…
NEW ORLEANS – On Jan. 20, U.S. Rep. Troy Carter Sr. (D-La.) announced that the Department of Transportation will award $5,224,965 to the New Orleans Regional Transit Authority for its Algiers Point Ferry Terminal project. The Federal Transit Administration’s Ferry…
NEW ORLEANS — Roughly 1,200 business and civic leaders attended the 2023 Greater New Orleans Inc. Annual Meeting on Jan. 13 at the Hyatt Regency New Orleans. Dubbed “GNO United,” the gathering included a review of economic development wins from…
NEW ORLEANS – From Blue Krewe (via the New Orleans Agenda): With Carnival season getting started, Blue Krewe – the local nonprofit that operates and manages Blue Bikes – is adding 300 new, pedal-assist e-bikes to its fleet. The additional…
AVONDALE, La. — On Jan. 12, the Port of South Louisiana announced that it has entered into an agreement with T. Parker Host to purchase Avondale Global Gateway, following the Port of South Louisiana Commission’s unanimous approval. The reported price…
NEW ORLEANS — Harrison Crabtree has taken on the role of director at the World Trade Center New Orleans, which partnered last year with regional economic development booster Greater New Orleans Inc. Crabtree spent the past six and a half…
WASHINGTON (AP) — Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales…
WASHINGTON, D.C. — On Dec. 21, the U.S. Department of Transportation announced that the Biden-Harris Administration has awarded $25 million from the new Rural Surface Transportation Grant Program to the Louisiana Department of Transportation and Development for its ferry design…
DETROIT (AP) — Most small SUVs flunked the latest frontal crash tests done by the insurance industry, but oddly enough, they're just as safe as they were before. That's because the Insurance Institute for Highway Safety updated the test so…
NEW ORLEANS – Gov. John Bel Edwards announced a public-private partnership between the state of Louisiana, the Port of New Orleans and two global maritime industry leaders to build a $1.8 billion container facility on the Lower Mississippi River. The…
