An investment group has pulled out of a planned $12.8 billion, 75-year lease of the Pennsylvania Turnpike, citing inaction by state legislators, the Associated Press reported.
September 30, 2008BusinessSafetyGovernment
Wyoming Lowering Speed Limit on Stretch of I-80 for Winter
The Wyoming Department of Transportation plans to impose a speed limit of 65 mph on a 52-mile stretch of Interstate 80 between Laramie and Rawlins for six months, starting Oct. 15, the Associated Press reported.
October 1, 2008BusinessSafetyGovernment
NAFTA Surface Trade Jumps 15.9%
Surface trade among the United States, Canada and Mexico jumped 15.9% in July from the same month a year ago, the Department of Transportation said Tuesday.
September 30, 2008FuelBusinessLogisticsGovernment
Diesel Gains 0.1¢ to $3.959; Oil Falls Below $100 a Barrel
Diesel fuel’s national average price rose 0.1 cent to $3.959 a gallon, its first increase in 11 weeks, the Department of Energy said Monday.
September 30, 2008BusinessGovernment
Consumer Confidence Improves in September
U.S. consumer confidence improved in September, according to the latest Reuters/University of Michigan monthly consumer sentiment index, released Tuesday.
September 30, 2008BusinessLogisticsGovernment
Chicago Manufacturing Index Slows
Manufacturing activity in the Chicago region grew in September, the National Association of Purchasing Management said Tuesday.
September 30, 2008Business
Volvo to Trim European Truck Production
Volvo AB, the world’s second-largest truckmaker, will cut about 1,400 jobs at factories in Belgium and Sweden because of a slowdown in European demand, the company said Tuesday.
September 30, 2008BusinessFuelTechnologyEquipmentSafetyGovernment
Demand for Fuel Optimization Product Gains as Pump Prices Increase, TMW Systems Says
ORLANDO, Fla. — A fuel-optimization module acquired 12 months ago has since become a leading growth product for software vendor TMW Systems, which held its annual user conference in the heart of this resort-rich peninsula last week.
September 29, 2008BusinessFuel
EPA Awards $3.4 Million in Clean Diesel Grants
The U.S. Environmental Protection Agency Wednesday announced the first $3.4 million for clean diesel projects under the agency’s diesel emissions reduction program.
September 29, 2008FuelBusiness
Clean Energy Building CNG Fueling Stations Near Airports
Clean Energy Fuels Corp. said Monday it will own, operate and supply fuel for new compressed natural gas public access stations to support ground operations at airports in Atlanta and Oklahoma City.
September 29, 2008