Clean Energy Reports 1Q Loss; Deliveries Rise
Clean Energy Fuels Corp. reported a first-quarter loss, but its revenue and natural-gas deliveries increased.
May 9, 2014USA Truck: Two Key Shareholders Aren’t Takeover Threat
USA Truck said two hedge funds with a 28% stake in the company do not pose a takeover threat, Arkansas Business reported.
May 9, 2014EBE Posts Higher Revenue, Adds Staff in Fiscal 2Q
EBE Technologies, a provider of business-process management applications for the transportation industry, said its revenue grew and workforce expanded in its fiscal second quarter.
May 9, 2014Intermodal Rail Volume Rises for 53rd Consecutive Month
Intermodal rail volume for April rose 9% compared with the same time last year, the 53rd consecutive year-over-year monthly increase, the Association of American Railroads reported.
May 9, 2014Little Rock to Convert Fleet to Natural Gas in Pilot Program
Omnitek Engineering Corp. said it has been selected by Little Rock, Arkansas, to convert the city’s municipal truck fleet to natural gas-powered engines as part of a pilot program.
May 9, 2014Wholesale Inventories Rise 1.1% in March
Wholesale inventories rose 1.1% in March, the largest increase in five months, the Commerce Department reported May 9.
May 9, 2014WebTech Wireless Reports First-Quarter Loss
WebTech Wireless, a supplier of GPS location-based and fleet telematics services, reported a first-quarter loss of C$363,000 compared with a loss of C$18,000 a year earlier.
May 9, 2014House Subcommittee Approves $52 Billion Transportation, Housing Spending Bill
House appropriators on May 7 easily approved a $52 billion spending bill that would fund transportation and housing programs in fiscal 2015.
May 8, 2014Senate EPW Panel to Mark Up Transportation Bill May 15
The top transportation policy writers in the Senate said they would introduce a six-year transportation bill May 12 and scheduled the bill’s committee consideration for May 15, more than two weeks after the Obama administration unveiled its four-year proposal.
May 8, 2014Study Shows Video Monitoring Could Prevent Truck and Bus Crashes
Lytx Inc. said a study by Virginia Tech Transportation Institute shows that more than 25,000 collisions could be prevented and more than 800 lives saved annually if all heavy trucks and buses were equipped with the DriveCam video and safety compliance technology.
May 8, 2014