WASHINGTON – The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today announced the launch of a 45-day focused deep dive safety assessment of Chicago’s Metra in response to three incidents that have taken place in the last two weeks. The assessment will focus on Metra’s program of operational tests and inspections for all its […]
WASHINGTON – U.S. Transportation Secretary Anthony Foxx today announced the availability of approximately $100 million in competitive grant funds through the Federal Transit Administration’s (FTA) new Ladders of Opportunity Initiative. The funds may be used to modernize and expand transit bus service specifically for the purpose of connecting disadvantaged and low-income individuals, veterans, seniors, youths, […]
MEMPHIS, Tenn., — FedEx Corp. (NYSE: FDX) released its sixth annual Global Citizenship Report today, outlining steps the company has taken to build a more sustainable business by improving its operational efficiency and engaging in local communities. “FedEx continues to make the investments that will provide more sustainable access and future opportunities for our business, […]
MIAMI –Ryder System, Inc. (NYSE: R), a leader in commercial transportation and supply chain management solutions, today announced it has entered into a long-term agreement with Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW) for the purchase and supply of complete compressed natural gas (CNG) fuel systems that will help reduce costs and increase vehicle […]
Following a public comment period, the Federal Trade Commission has approved an application submitted by Franchise Services of North America, Inc. (FSNA) regarding the sale of 22 former Advantage Rent A Car locations, to Hertz Global Holdings, Inc. (Hertz) and Avis Budget Group (Avis). FSNA acquired the locations under a 2012 FTC settlement to resolve […]
LOUISVILLE, Ky., — Navistar, Inc. today addressed advancements in technology that help maximize vehicle uptime while offering customers more options and control. Technologies such as OnCommand™ Connection, Diamond Logic® and fully automatic and automated manual transmissions (AMTs) make vehicles more fuel efficient, safer, capable and more productive. “We are thinking harder about the role of […]
“21st century freight railroads are listening to our customers and communities, innovating to meet their needs, and steadily improving our ability to serve as the backbone of the next industrial revolution,” Norfolk Southern Corporation’s chairman and CEO told attendees at the Forbes’ “Reinventing America – Leading the Next Industrial Revolution” Summit here. “Today’s freight railroads […]
PARSIPPANY, N.J., – Avis Budget Group, Inc. (Nasdaq:CAR) announced today that SiriusXM is now available to a majority of Avis Car Rental and Budget Car Rental customers via factory-installed satellite radios. The new offering gives customers even easier access to commercial-free music, premier sports talk and live events, comedy, news, exclusive talk and entertainment, and […]
JACKSONVILLE, Fla. – CSX Transportation opposes a proposal before the Surface Transportation Board (STB) that would create unpredictable traffic flows, reduce high levels of customer service achieved over the past few years, and diminish the company’s incentive to keep investing at record levels in critically needed transportation infrastructure. “Our work is focused on achieving high […]
LOUISVILLE, Ky. – Walmart showcased its futuristic truck today at the Mid-America Trucking Show (MATS) in Louisville, Ky. The Walmart Advanced Vehicle Experience is a tractor-trailer combination that features leading edge aerodynamics, an advanced turbine-powered range extending series hybrid powertrain, electrified auxiliary components, and sophisticated control systems all in one package, developed in support of […]
