January 30, 2015: Low fuel prices boost trucking stocks, DTNA settles civil rights lawsuit; Boston creates “snow farm” for blizzard cleanup.
Jan. 30, 2015
Here is a look at what is happening in the world of transportation this morning:
- Low fuel prices are helping boost stock prices for major trucking companies, reports Investor’s Business Daily.
- The Massachusetts Department of Environmental Protection levies fines against a small trucking company over a contamination cleanup issue, notes iBerkshires.com.
- A judge rules that drayage truckers serving the ports of Long Beach and Los Angeles are employees, not independent contractors, according to The Daily Breeze.
- Most of the truckers attending the 2015 Mid-West Trucking Show are upbeat about their business prospects, notes Agri News.
- The Bureau of Transportation Statistics (BTS) is reporting that truck freight volumes grew the most of any mode last November.
- Motor carrier executives representing the American Trucking Associations (ATA) touted the industry’s safety investments in a hearing on Capitol Hill.
- A gas truck explosion in front of a Mexico City hospital injures dozens and kills three, according to Reuters.
- The Boston Globe reports that Boston has created a “snow farm” where trucks are taking all the white stuff dumped upon Beantown by what CNN is calling “the blizzard of 2015.”
- Daimler Trucks North America (DTNA) is settling a civil rights lawsuit for $2.4 million, reports Oregon Live.
- Florida Gov. Rick Scott requests $9.9 billion to beef up the Sunshine state’s transportation budget, according to The Space Coast Daily.
- Sen. Rand Paul (R-Ky.) and Sen. Barbara Boxer (D-Calif.) are “teaming up” in the words of The Hill newspaper to try and use $2 trillion in corporate tax revenue currently in foreign banks to help pay for U.S. infrastructure projects.
- North Carolina lawmakers are debating ways to close a $65 billion transportation funding gap, reports the Asheville Citizen-Times.
- A plan to re-route freight train and truck traffic through underwater tunnels between New York and New Jersey is raising eyebrows, notes The Brooklyn Paper.
- Logistics is predicted to become the economic backbone for the city of Fontana, according to the San Bernardino County Sun.
- Canadian lawyer Laurie Tannous is the new CEO for the Institute for Border Logistics, reports CTV News.
