The operator of the Indiana Toll Road, owned by affiliates of Macquarie Group Ltd. and Ferrovial SA, sought bankruptcy protection with a creditor-supported restructuring plan after dwindling traffic soured a $3.8 billion bet on a 75-year lease.
September 22, 2014Search
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EPA to Award $5 Million for Port Diesel Emission-Reduction Projects
The U.S. Environmental Protection Agency is accepting proposals for about $5 million in funding for diesel emission-reduction projects at ports.
September 22, 2014Union Pacific President: ‘Modest Improvement’ in Fixing Intermodal Delays
LONG BEACH, Calif. – Union Pacific Railroad President Lance Fritz said the railroad is making “modest incremental improvement†to correct delays that have hurt intermodal service levels.
September 22, 2014Bill Introduced to Remove Safety Scores from CSA Website
Rep. Lou Barletta (R-Pa.) has introduced a bill to stop the Federal Motor Carrier Safety Administration from publishing safety scores for truck and bus operators on its website until the agency designs a safety measurement system to Congress’ liking.
September 22, 2014DOT Sued for 21-Year Driver-Training Regulation Delay
Two public interest groups and the Teamsters Union have filed suit against the Department of Transportation, claiming it has dragged its feet in creating entry-level driver training requirements for commercial motor vehicle operators.
September 19, 2014Chinese Commercial Telematics Market to Surpass US by Decade’s End, Report Predicts
China will soon become the world’s largest market for commercial telematics as government regulations and the nation’s supply-chain woes drive technology adoption, according to a new study by C.J. Driscoll & Associates.
September 22, 2014Federal, State Governments Need to Reprioritize Transportation Funding, Report Finds
Transportation departments nationwide must consider driving trends when investing in major projects, the U.S. Public Interest Research Group education fund recommended in a report identifying nearly a dozen instances of what it claims to be wasteful spending.
September 19, 2014August Truck Sales Rise 28.4%
Class 8 truck sales leaped 28.4% in August from a year ago to 19,627, the biggest percentage gain in two years, WardsAuto.com reported.
September 22, 2014Brad Bentley Named President Of the Truckload Carriers Assn.
Alabama publishing executive Brad Bentley has accepted the presidency of the Truckload Carriers Association and will begin in the position Oct. 13, both parties confirmed last week.
September 22, 2014A Con-way Freight Terminal Joins Union; Teamsters Ramp Up LTL Organizing Bid
Con-way Freight workers in Laredo, Texas, have become the first workers at the less-than-truckload carrier to be represented by a union, and additional Teamsters organizing efforts are advancing at three of the carrier’s Southern California terminals.
September 22, 2014