WASHINGTON – The Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) today announced it’s first-ever, national advertising campaign aimed at parents of children ages 8-14 to make sure their kids are consistently and properly wearing their seat belt every time the car is moving. “Buckling up is an important habit to instill in children […]
JACKSONVILLE, Fla. – CSX (NYSE: CSX) Chief Financial Officer Fredrik Eliasson today discussed the drivers of a decade of strong financial performance for the company, updated its first-quarter market outlook and discussed earnings expectations for 2015 at the JP Morgan Aviation, Transportation and Industrials Conference in New York City. At the conference, Eliasson highlighted the […]
EDEN PRAIRIE, Minn. – GE Capital Fleet Services today announced that it identified $420 million in potential cost savings for customers in 2014, with customers realizing $210 million in actual savings as a result. By working with fleet customers and analyzing data via its Strategic Consulting Services group, GE Capital Fleet Services is able to […]
WASHINGTON – U.S. Transportation Secretary Anthony Foxx announced today at Washington’s Union Station a proposed rule to increase oversight responsibilities of State Safety Oversight Agencies (SSOAs) by replacing the existing outdated regulatory framework with one designed to better evaluate the effectiveness of a rail transit agency’s system safety program. The Secretary’s visit was the last […]
WASHINGTON – U.S. Transportation Secretary Anthony Foxx today announced $232.5 million in Emergency Relief (ER) funds from the Federal Highway Administration (FHWA) to help 26 states and Puerto Rico repair roads and bridges damaged by storms, floods and other unexpected events. “We are committed to getting transportation facilities restored as quickly as possible following natural […]
Norfolk Southern and the Brotherhood of Locomotive Engineers and Trainmen today reached a new collective bargaining agreement that continues to link engineer compensation to corporate performance through 2019. The agreement, which covers approximately 4,600 locomotive engineers, provides engineers with an annual bonus opportunity based on corporate performance and for the first time includes individual incentive […]
MIAMI– Ryder System, Inc. (NYSE: R), a leader in commercial fleet management and supply chain solutions, today announced that it will offer customers a female-friendly vehicle package for lease – the first of its kind in the industry. With the help of various OEMs and Women in Trucking Association (WIT), a non-profit organization established to […]
Union Pacific Railroad conducted training for 35 emergency response personnel from eight states December 1-3. The training focused on sharpening the emergency responders’ skills to better prepare them in the unlikely event of a crude-by-rail incident in or near their respective communities. Union Pacific proactively reaches out to fire departments as well as other emergency […]
PARSIPPANY, N.J., — Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, announced today that it has agreed to acquire its licensee for the Avis and Budget brands in Norway, Sweden and Denmark for approximately $50 million. The licensee being acquired operates both the Avis and Budget brands at major locations throughout […]
MEMPHIS, Tenn., FedEx Corp. announced today that it acquired Bongo International, a leader in cross border enablement technologies and solutions. Bongo International’s capabilities complement and expand the FedEx portfolio of offerings important to the rapidly growing global e-commerce marketplace. Bongo International’s technology and processes provide a comprehensive and integrated end-to-end solution that helps retailers and […]
