The turnover rate at large truckload carriers rose one percentage point to an annualized rate of 97% in the third quarter of 2014. “Driver turnover, which is a good barometer of the driver market, remains high,” said ATA Chief Economist Bob Costello. “While it is not approaching its historic highs of the early 2000s, continued […]
Crosspoint Kinetics, maker of the Kinetics Hybrid, has announced a special financing program for commercial fleets and transit agencies through Pro Leasing Services. The goal is to make the process of greening a fleet easy for those who prefer to pay for the hybrid systems over time. Fleet owners and managers can choose to retrofit […]
According to recent reports, notably in the LA Daily News, LA Metro will be accepting proposals for a countywide bikeshare program. The contract award is anticipated to be made in June of this year. Initially, the pilot would start in Downtown LA, followed by Pasadena. The strategy is to put bikeshare stations around the […]
Clean Energy Fuels Corp. (NASDAQ: CLNE) has announced the sale of Clean Energy’s majority interest in its McCommas Bluff biomethane production facility located in Dallas, Texas, to minority interest owner Cambrian Energy for approximately $40.6 million with approximately $3.0 million in additional compensation pending further performance tests of the McCommas facility to be completed in […]
As snow continued to fall early Tuesday, Mass transit systems remained shut down from New York City to Boston this morning and most roads were closed parts of five states. Airlines canceled thousands of flights as the much-anticipated blizzard took aim at the Northeast. Snowfall totals have reached up to 17 inches so far in […]
Green transit takes on a new meaning on St. Patrick’s Day. A great time show your green!
