TRANSPORT & INFRASTRUCTURE

Shipping line ZIM's share price has risen by 260% in the past year, giving an opportunity to Idan Ofer's Kenon Holdings to reduce its stake further.

The State Comptroller reports that cars using the fast lane and passengers on shuttle buses are both in decline, triggering state subsidies for the operator, yet three more fast lanes are being built.

The driving safety system developer claims a huge potential market, but has so far posted meager revenue and large losses.

Tolls have risen 65% since the tunnels were opened in 2010, despite government subsidies.

Israel's car market may be tiny, but it's an excellent test case for Tesla's ability to recover market share as rival brands pour in.

In return for lifting her objection to the charge, Minister of Transport Miri Regev will receive finance for a pet project - a railway to Kiryat Shemona. Both ministries deny the existence of such a deal.

The Jerusalem District Planning and Building has been discussing the city's long term growth and transport plans.

The purchasers are Egged Real Estate and Nadav B. Logistics, which plan logistics centers and other projects on the three sites sold.

The Authority has been without a permanent CEO for over eighteen months, during the most testing period in Israel's aviation history.

The share price of the Israeli smart road company has risen 662% since the low it reached in December 2022.

NTA Metropolitan Mass Transit System CEO Itamar Ben Meir believes that the Tel Aviv light rail Green Line, will open later than the already postponed date of the end of 2028.

Some 200,000 compulsory purchase orders will be issued in the Gush Dan area.

The Ministry of Transport has admitted that it has been unable to improve public transport sufficiently to be able to complete the major requirement for the planned city curbside parking pricing reform.

The planned NIS 0.15 per kilometer tax, starting 2025, would be lower than the estimated NIS 0.19 per kilometer paid in excise on gasoline and diesel.

Punitive tariffs by the EU, the US and Canada are forcing Chinese manufacturers to offload stocks elsewhere, and thousands of vehicles are Israel-bound.

Eyal Siman-Tov admitted charging exorbitant fares, and lying about the value of coins and bills.

Houthi attacks and rising demand allowed the Israeli company to beat forecasts and ship a record number of containers in the second quarter.

Three of the five companies that won a tender to operate small logistics centers in the city have dropped out, citing the war and the deteriorating economy.

Two Electra subsidiaries will plan and install the electro-mechanical systems in a new jail to be built in the borough of Queens.

Exactly one year after the Red Line began operations, “Globes” finds that slow trains, poor transport connections and awkwardly located stations have kept passenger numbers well below forecasts.

Among Autofleet's customers is Alphabet's automomous taxi company Waymo.

The Purple and Green Lines had been scheduled to open next year but sources tell “Globes” they won’t be operating before 2030.

The possibility of building an airport to supplement Ben Gurion at Beit She'an was rejected a decade ago as impractical.

The Planning Admnistration seeks to reverse the trend of migration from the periphery to the center of the country.

Researchers Sani Ziv and Oren Shapir of the Aharon Institute for Economic Policy recommend long-term integrated housing and transport planning.

The ministry's spend on infrastructure development is stuck at about NIS 20 billion annually, far below what is needed to close Israel's productivity gap.

The Minister of Transport is initiating a government decision to cancel the Congestion Charge Law that is due to come into force in 2026.

Critics say the project has big costs and low benefits and won't solve the traffic congestion.

The new Israeli airline hopes to begin scheduled flights between Haifa and Eilat in September and will also operate routes to Cyprus and Greece.

The latest price cuts come even though purchase tax on electric vehicles rose from 20% to 35% at the start of 2024.