Transportation Secretary Sean Duffy on Autonomous Vehicle Regulations: “My philosophy is this: if I move the regulations too slowly, we kill innovation, we kill the companies, or they’ll go overseas. If I go too fast and the AVs aren’t ready for the rules I give them, people get hurt. I have to find the Goldilocks approach — the right stage of where we are with AVs before we set them loose. “Congress has to say the federal government should regulate these standards. We shouldn’t have every state individually deciding yes or no, what they’ll allow and what they won’t. It’s a hodgepodge. Let us set one standard. That’s the biggest issue for AVs right now. “If you have an autonomous vehicle, do you need rearview mirrors? “Do you need windshield wipers? “Do you need a brake pedal and a gas pedal? “Do you need a steering wheel? “There are a whole bunch of conversations we have to have about what we think we need in an automobile versus what an autonomous vehicle actually should have.”

#Transportation# |🚧 Big milestone for #Guangdong#'s Shiziyang Passageway! On August 13, the main structures of the Shiziyang Bridge's east and west anchorages were completed. This 35-km double-deck highway connects #Nansha# (#Guangzhou#) with Humen and Shatian (#Dongguan#) — the first of its kind across the Pearl River Estuary. With a 2,180-meter main span, the bridge is set to break 5 world records among double-deck suspension bridges, including longest span, most lanes, tallest towers, largest anchorage, and thickest main cables. #ShiziyangPassageway# #Guangdong# #BridgeConstruction# #PearlRiverEstuary# #GreaterBayArea# #Infrastructure# #EngineeringMarvel# #SuspensionBridge#

#Transportation# |✈️ New route alert! 9 Air launches #Guangzhou–##Jakarta# flights! Starting Sept 22, the Guangzhou-based low-cost carrier will operate 3 weekly return flights to Jakarta. 🇨🇳➡️🇮🇩 Boeing 737-800 | 5th carrier on this route – joining #China# Southern, Garuda, TransNusa & Spring Airlines. Total weekly flights between the two cities now reach 37, boosting southern China–#Indonesia# connectivity! 🌏 #9Air# #NewRoute# #LowCostCarrier# #AviationNews# #ChinaIndonesia# #BaiyunAirport# #TravelUpdate# #FlightAlert#

Transports made some good progress this week despite the Tech wreck growing more pronounced. As discussed in last night's report, the stealth consolidation hasn't resulted in uptrends being violated for Equal-weighted SPX which made new all-time highs yesterday & still a lot of great areas of the market outside of Tech which haven't been dragged lower. Thankfully, the rotation out of Tech directly followed the steep runup, so Financial media calling this a Bear mkt in Semis is a bit laughable w/ SOX still up 65% this yr. Given that the correction in Tech has happened bit-by-bit is actually quite helpful for the broader mkt, so i'll discuss my thinking on $SPX in tonights piece and what areas are important For now, important to showcase TransportationTrucking, one of the strongest sectors right now in #IBD# universe @marketsurge @IBDinvestors Have a nice weekend All