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Yahoo
24-06-2025
- Automotive
- Yahoo
Rekor Secures $1.2M Contract to Advance AI-Powered Traffic Systems
Rekor Systems Inc. (NASDAQ:REKR) is one of the 7 most popular AI penny stocks under $5 to avoid. On June 6, 2025, the company announced a $1.2 million contract with a Sun Belt state transportation agency to deploy 150 Rekor Discover systems. The rollout—expected to be completed in 60 days—supports a new state initiative to enhance traffic planning and operations with Rekor's Data-as-a-Service model. A researcher studying a machine learning model of a metastatic pancreatic ductal adenocarcinoma. These AI-powered roadside systems provide detailed, privacy-protected per-vehicle data while eliminating the need for intrusive road sensors. Compliant with Federal Highway Administration standards, the technology aims to modernize traffic monitoring while improving worker safety and reducing road disruptions. According to Rekor leadership, the deployment represents a significant step in transforming legacy infrastructure into a scalable, global platform. With an expanding footprint in several U.S. states and growing international interest, Rekor is poised to lead a broader shift toward smarter traffic intelligence solutions. Rekor Systems Inc. (NASDAQ:REKR) develops cutting-edge roadway intelligence solutions using AI, machine learning, and computer vision. Headquartered in the U.S., the company's platforms power data-driven traffic planning and operations for government and commercial clients worldwide. While we acknowledge the potential of REKR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Goldman Sachs China Stocks: 10 Stocks to Buy and 10 Undervalued Blue Chip Stocks Analysts Recommend for Smart Investing. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Automotive
- Yahoo
Rekor Secures $1.2M Contract to Advance AI-Powered Traffic Systems
Rekor Systems Inc. (NASDAQ:REKR) is one of the 7 most popular AI penny stocks under $5 to avoid. On June 6, 2025, the company announced a $1.2 million contract with a Sun Belt state transportation agency to deploy 150 Rekor Discover systems. The rollout—expected to be completed in 60 days—supports a new state initiative to enhance traffic planning and operations with Rekor's Data-as-a-Service model. A researcher studying a machine learning model of a metastatic pancreatic ductal adenocarcinoma. These AI-powered roadside systems provide detailed, privacy-protected per-vehicle data while eliminating the need for intrusive road sensors. Compliant with Federal Highway Administration standards, the technology aims to modernize traffic monitoring while improving worker safety and reducing road disruptions. According to Rekor leadership, the deployment represents a significant step in transforming legacy infrastructure into a scalable, global platform. With an expanding footprint in several U.S. states and growing international interest, Rekor is poised to lead a broader shift toward smarter traffic intelligence solutions. Rekor Systems Inc. (NASDAQ:REKR) develops cutting-edge roadway intelligence solutions using AI, machine learning, and computer vision. Headquartered in the U.S., the company's platforms power data-driven traffic planning and operations for government and commercial clients worldwide. While we acknowledge the potential of REKR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Goldman Sachs China Stocks: 10 Stocks to Buy and 10 Undervalued Blue Chip Stocks Analysts Recommend for Smart Investing. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Business
- Yahoo
Route 219 project clears regulatory hurdle
SOMERSET, Pa. – Somerset County and state transportation officials received federal clearance to proceed with a preferred U.S. Route 219 path to Maryland. The Federal Highway Administration has issued its final Environmental Impact Statement, enabling continued design work to proceed on a proposed six-mile four-lane route between Meyersdale and the Mason-Dixon Line. Pennsylvania Department of Transportation officials previously selected the route – called 'E-Shift Modified' on preliminary documents from a list of several finalists. And Somerset County leaders have backed the plan as the most direct – and most cost-effective – path. But plans for the path needed to complete a federal review before proceeding. An executive summary uploaded this month to the U.S. Route 219 project's website cited the plan's limited impact to farmland, populated areas and wetlands, compared to other options. With just two new bridges planned, the route's construction will likely be $100 million cheaper. As planned, the route will travel south of Meyersdale and veer several miles east of Salisbury Borough in Elk Lick Township before connecting to a yet-to-be-built nearly two mile link in Maryland to the Interstate 68 corridor. The two-mile path is incorporated into the project as part of a joint effort between the states of Maryland and Pennsylvania. The approval enables an extensive final design, right-of-way acquisitions and permitting to occur over the next several years, PennDOT officials said. Those phases are fully funded. But additional funding will need to be secured to complete the project's eventual construction, state and county officials have said. If all goes as planned, construction would start on the project in 2029 – and be completed in 2031. David Hurst is a reporter for The Tribune-Democrat. Follow him on Twitter and Instagram @TDDavidHurst.
Yahoo
12-06-2025
- Automotive
- Yahoo
North America Car Air Fresheners Market Analysis 2025-2030 Featuring The Procter & Gamble Company, Eikosha Co., Balev Corporation, Flower Manufacturing, and Exotica Fresh Co. Among Others
Key opportunities include catering to rising consumer demand for long-lasting, pleasant fragrances in personal vehicles, and the shift towards natural, eco-friendly products North American Car Air Freshener Market Dublin, June 12, 2025 (GLOBE NEWSWIRE) -- The "North America Car Air Freshener Market, By Country, Competition, Forecast and Opportunities, 2020-2030F" has been added to offering. The North America Car Air Freshener Market was valued at USD 0.98 Billion in 2024, and is expected to reach USD 1.32 Billion by 2030, rising at a CAGR of 5.05%. Growth in this market is primarily driven by the increasing number of vehicles and rising consumer preference for enhanced in-car experiences. As personal vehicles evolve into extended living spaces, there is growing demand for products that offer long-lasting, pleasant fragrances. Consumers are also becoming more conscious of hygiene and odor control within car interiors, which has elevated the appeal of air fresheners. Innovations across formats - such as sprays, gels, and vent clips - cater to varied user preferences, while an emerging focus on eco-friendly and natural ingredients aligns with environmental values. Factors such as urbanization, increasing disposable incomes, and a robust automotive aftermarket are further contributing to the market's steady growth across North America. Key Market Drivers Increasing Vehicle Ownership Across the Region: The growth in vehicle ownership across North America is a central factor boosting demand for car air fresheners. According to the Federal Highway Administration (FHWA), the U.S. had over 284 million registered vehicles in 2023, with a majority being privately or commercially owned. As more individuals utilize personal vehicles for daily commutes and travel, there is an increased emphasis on interior comfort and freshness. Busy lifestyles and prolonged hours spent on the road have created strong demand for odor-neutralizing and pleasant-smelling car environments. This trend, combined with rising urbanization and middle-class incomes, drives the consumption of air fresheners. In response, manufacturers continue to expand product offerings across various forms and fragrance profiles to meet the evolving needs of a growing and diverse consumer base. Key Market Challenges Strict Government Norms: Strict regulatory standards governing the chemical composition of car air fresheners pose a major challenge for the market. Authorities are imposing limitations on the use of volatile organic compounds (VOCs) and other potentially hazardous ingredients to ensure better indoor air quality and consumer safety. Adapting to these regulations requires product reformulations, increased production costs, and compliance with complex safety and labeling protocols. These adjustments can delay product releases and hinder innovation, especially for smaller manufacturers. As a result, companies must navigate a challenging landscape that demands the development of effective, safe, and compliant formulations while maintaining cost efficiency and customer appeal. Key Market Trends Increased Consumer Shift Towards Natural & Organic Products: Consumers in North America are increasingly opting for car air fresheners formulated with natural and organic ingredients. Approximately 45% prefer options made with essential oils and plant-based components, avoiding synthetic chemicals linked to health and environmental concerns. The trend is driving innovation in fragrance development, with popular scents such as eucalyptus, citrus, and lavender gaining traction. Products marketed as biodegradable, cruelty-free, and free from phthalates or parabens are becoming standard as consumers align their choices with wellness and sustainability values. Rising Popularity of Sustainable & Eco-Friendly Packaging: Sustainability is emerging as a significant focus in the North American car air freshener market. Around 50% of consumers express a willingness to pay more for products with eco-conscious packaging. Brands are transitioning to biodegradable and recyclable materials, including compostable plastics and recycled paper. This shift is being driven not only by consumer demand but also by regulatory encouragement. Companies like Enviroscent have embraced sustainable innovation by incorporating natural essential oils and recyclable packaging in their product lines. Rising Demand for Premium & Luxury Freshener: A growing segment of consumers is seeking premium and luxury car air fresheners that offer more than basic odor control. These products provide enhanced fragrance longevity, elegant packaging, and sophisticated scent profiles. Features such as scent customization, adjustable intensity, and smart technology integration are attracting consumers looking to personalize their driving environment. This reflects a broader trend of luxury and personalization in automotive accessories, with consumers increasingly treating their vehicles as lifestyle extensions. Key Players Profiled in the North America Car Air Freshener Market: The Procter & Gamble Company Eikosha Co., Ltd. Balev Corporation Flower Manufacturing, LLC Exotica Fresh Co. ELiX Ltd. Vrn Lifestyle Private Limited Airpro Cande Craft Co. Car Cologne Report Scope In this report, the North America Car Air Freshener Market has been segmented into the following categories: North America Car Air Freshener Market, By Product Type: Clip-on Plug-ins Spray/Aerosol Paper Hanging Others North America Car Air Freshener Market, By Product Form: Crystal Foam Liquid Gel Others North America Car Air Freshener Market, By Sales Channel: Supermarkets and Hypermarkets Specialty Stores Online Others North America Car Air Freshener Market, By Country: United States Canada Mexico Key Attributes Report Attribute Details No. of Pages 132 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $0.98 Billion Forecasted Market Value (USD) by 2030 $1.32 Billion Compound Annual Growth Rate 5% Regions Covered North America For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment North American Car Air Freshener Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CBS News
12-06-2025
- Automotive
- CBS News
Rachel Carson Bridge to close over the next two weeks for inspections
Drivers and cyclists in Downtown Pittsburgh who use the Rachel Carson Bridge (Ninth Street) will have to find a detour at times over the next two weeks. The Department of Public Works announced on Thursday morning that the bridge will be closed starting on Monday, June 16, at 6 a.m. and will remain closed through Friday, June 20, at 3 p.m. After reopening for the weekend, the bridge will once again be closed on Monday, June 23, at 6 a.m. until Friday, June 27, at 3 p.m. Both of the closures are for routine inspection. While the bridge is shut down, traffic will be detoured using Fort Duquesne Boulevard, the Andy Warhol Bridge (Seventh Street), and Isabella Street. When the bridge was last inspected in November 2023, inspectors gave the bridge a condition rating of six, meaning in fair condition, on a scale of zero to nine, which is based on National Bridge Inspection Standards established by the Federal Highway Administration. According to the county, the bridge carries an average of more than 10,000 vehicles per day. The bridge was opened in 1926 and was rehabilitated in 2019-2020 with a $24.2 million project.
