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Business costs soar as Russia sanctions bite - survey

Insurance and compliance costs for transport companies are set to stay high after Western countries imposed trade restrictions on Russia with the prospect of broader sanctions putting more pressure on global trade, a survey showed.

U.S. awards $94 million for innovative mobility projects

The U.S. Transportation Department will announce on Tuesday it is awarding $94.8 million to 59 projects on advanced technology projects to boost road safety, improve transit reliability and use drones and sensors for transportation projects.

Hong Kong, China to resume high speed rail services from April 1

High speed rail services between Hong Kong and mainland Chinese cities will resume full service from April 1, Hong Kong's MTR Corp said on Tuesday, having been restricted for the past three years due to stringent COVID-19 rules. (Reporting by the Hong Kong newsroom; Editing by Himani Sarkar)

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