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Impact & Regulations, Infrastructure

FTA Awards $9M to 10 Projects to Advance Transit Innovation, Safety

October 8, 2020

Via: Metro Magazine

The Federal Transit Administration (FTA) announced that 10 projects in nine states will receive a share of approximately $9.1 million in funding through the Safety Research and Demonstration Program and the Bus Operator Compartment Program initiatives to support safety and […]


Shipping

Container shipping majors boosted by positive credit ratings

October 8, 2020

Via: Offshore Energy

Rating agency Moody’s has upgraded the outlook on the ratings of the world’s largest container shipping company Maersk from negative to positive. Concurrently, Moody’s affirmed the Baa3 long-term issuer rating of the company. “Following a very strong performance amidst the […]


Vehicles

Hyundai Readies Fuel Cell Truck for US Market

October 7, 2020

Via: Transport Topics

Hyundai Motor Co. said it would expand its fuel cell truck sales efforts to the U.S. and China and significantly increase production over the coming year. The South Korean manufacturer launched a heavy-duty fuel cell truck venture in Switzerland last […]


Impact & Regulations

Trucker Pay Increasing as Driver Shortage Grows, Industry Capacity Tightens

October 7, 2020

Via: Transport Topics

As capacity tightens in the trucking industry, some carriers are beginning to announce pay hikes. While the frequency of these increases are not yet nearing the rapid pace of hikes the industry saw during the busy year of 2018, some […]


Travel & Public Transit

Boeing Cuts Jetliner-Sales Forecast 11% on Decade-Long Slump

October 6, 2020

Via: Transport Topics

Boeing Co. sees a turbulent ride ahead for the world’s jetliner market, with sales contracting sharply this decade before eventually rebounding in the 2030s as new models and technologies spur growth. In its first long-term forecast since the coronavirus pandemic […]


Travel & Public Transit

An even steeper hill for airline aid

October 5, 2020

Via: Politico

Confusion and uncertainty still reign now that a two-week delay on the Senate’s floor schedule has further dimmed Congress’ already tenuous shot at renewing aid for airline workers this month, Stephanie reported over the weekend. Senate Majority Leader Mitch McConnell […]


Travel & Public Transit

FTA Makes $10M to Deploy Innovations that Help Transit Industry During COVID-19 Recovery

October 5, 2020

Via: Metro Magazine

The Federal Transit Administration (FTA) is making $10 million in grant funding available through a new Public Transportation COVID-19 Research Demonstration Grant Program that will identify ways to make transit operations more efficient and improve mobility nationwide. “During this time […]


Travel & Public Transit

St. Louis Set to Deploy New Flyer Battery-Electric Buses

October 2, 2020

Via: Metro Magazine

New Flyer of America Inc. delivered two pilot buses to Metro Transit as part of a contract awarded to New Flyer for 14 Xcelsior CHARGE™ battery-electric, 60-foot heavy-duty transit buses (28 equivalent units or “EUs”). To support the deployment, New […]


Impact & Regulations, Infrastructure

UK gov’t unveils £200 million port infrastructure fund

October 2, 2020

Via: Offshore Energy

As explained, new infrastructure at ports will be needed whether or not the UK secures a negotiated agreement with the EU as the UK is leaving the Customs Union and Single Market and new procedures will be coming into place. […]


Impact & Regulations

FAST Act’s Yearlong Extension Signed Into Law

October 1, 2020

Via: Transport Topics

The law governing the country’s transportation operations was extended for a year after President Donald Trump’s recent signing of a temporary funding measure that averts a shutdown of the federal government. The stopgap appropriations law funds the government through Dec. […]